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$243,000

NAL Estimated Property Value

16434 Mandate Dr, Houston, TX, 77049

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,770 Sq Ft
price_per_sqft$121.46 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range

Exterior

Lot Size5,062 sqft

Building Information

Year Built2008
Garage Spaces1

Land Information

APN1282930040011
Lot Number11
SubdivisionRancho Verde
Land UseResidential
Legal DescriptionLT 11 BLK 4 RANCHO VERDE SEC 3
Census Tract252306
Assessed Land Value$46,967
Assessed Improvement Value$188,771
Assessment Year2025

About this property

Welcome to this 3-bedroom, 2-bathroom home, featuring a dedicated study/office space perfect for remote work or creative pursuits. With a split floor plan, this residence offers a great layout for both privacy and comfort. Located in a friendly community, you'll enjoy convenient access to schools, shopping, and recreation. Needs some TLC so bring your vision and schedule a viewing today!

Investor Tools

Property Icon
$243,000
Estimated Property Value
$139,152Estimated Mortgage Balance
$103,848Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$210
$235,738
2025
$46,967
$188,771
$235,738
No

Tax History

Year
Tax Paid
Assessed Value
2024
$210
$235,738

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midland Mortgage
Fha
$131,620
Yes
First
Jan 13, 2022
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,152
$113,848
44%
57%
$902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$1,352/mo
+$418/mo
8.7%

City: Houston

16434 Mandate Dr | Property Details | No Agent List