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$266,000

NAL Estimated Property Value

16431 Parksley Drive, Houston, TX, 77059

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.17 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

BankruptcyHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,900 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN1053810000025
Lot Number25
SubdivisionMiddlebrook
Land UseResidential
Legal DescriptionLT 25 BLK 34 MIDDLEBROOK SEC 1
Census Tract340302
Assessed Land Value$58,650
Assessed Improvement Value$173,413
Assessment Year2025

About this property

FULLY UPDATED BRICK HOME W/ A GREAT COVERED PATIO AND COMPLETELY MOVE-IN READY. WALK-THROUGH THE NEW FRONT DOOR AND YOU'LL FIND LAMINATE FLOOR THROUGHOUT THE MAJORITY OF THE HOME. GRAY WALLS, UPDATED LIGHT FIXTURES, AND A SPACIOUS LIVING ROOM. IN THE KITCHEN NEW CABINETS, GRANITE COUNTERTOPS, SS APPLIANCES. IN THE GUEST BATHROOM RECENT REMODEL W/ WALL-TO WALL TILE PLUS VANITY, FAUCETS, ACCESSORIES AND UPGRADED SHOWER HEAD SYSTEM. 2019 WATER HEATER, 2021 PEX PLUMBING, 2019 ROOF, 2019 HVAC, 2019 NEW WINDOWS, 2022 COVERED PATIO W/ TV MOUNT, BAR AND CANNED LIGHTING. BUILT-IN IN GARAGE WILL STAY. ZONED TO HIGHLY RATED ARMAND BAYOU ELEM AND CLEAR LAKE HS. 5 MIN FROM HEB, JOHNSON SPACE CENTER, MED CENTER AND 15 MIN FROM DEER PARK. HOA INCLUDES AMAZING WALKING TRAILS LINED W/ CEDAR TREES, COMM. POOL, TENNIS COURTS, PLAYGROUNDS AND ACTIVE HOW. SCHEDULE YOUR SHOWING TODAY!

Investor Tools

Property Icon
$266,000
Estimated Property Value
$248,923Estimated Mortgage Balance
$17,077Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
$455/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,115
$232,063
2025
$58,650
$173,413
$232,063
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,115
$232,063

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$251,112
No
First
Nov 3, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,923
$17,077
6%
94%
$1,506/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,961/mo
+$619/mo
11.6%

City: Houston

16431 Parksley Drive | Property Details | No Agent List