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Owner Contacts

$302,000

16442 Parksley Dr, Houston, TX, 77059

Off Market

3 Beds

2 Bath

2,184 Sq Ft

Single Family Residence

$146.47 / sqft

Built in 1974

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator, Washer

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,170 sqft

Building Information

Year Built1974

Stories1

Garage Spaces2

Land Information

APN1053820000011

Lot Number10,11

SubdivisionMiddlebrook

Land UseResidential

Legal DescriptionLT 11 & E 3 FT OF LT 10 BLK 35 MIDDLEBROOK SEC 1

Census Tract340302

Assessed Land Value$60,214

Assessed Improvement Value$238,941

Assessment Year2025

About this property

Retro Roots, Modern Moves – Tucked into the serene and established Brook Forest neighborhood near Space Center Houston, this beautifully refreshed home is the perfect blend of 1970s architectural soul and contemporary style. Step inside the quaint double-door entry; this floorplan radiates natural light through NEW ENERGY-EFFICIENT WINDOWS. The kitchen has been tastefully updated with contemporary NEW COUNTERTOPS, blending function and design in perfect harmony. The primary bathroom is a true retreat, boasting modern finishes that elevate your daily routine, while UPDATED PLUMBING ensures smooth operation behind the scenes. With a NEW HVAC SYSTEM, NEW ROOF, and professionally LEVELED FOUNDATION, this home brings peace of mind as well as style. Outside, enjoy Texas evenings on a private patio ready for entertaining, just minutes from the vibrant culture and innovation of Clear Lake and NASA’s Johnson Space Center. Updates also include Hardy Plank on the rear extension of the home.

Investor Tools

$302,000

Estimated Property Value

$251,555Estimated Mortgage Balance

$75,806Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,919 /month

Positive

Cash Flow Estimate:

$640 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$327/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,419

$299,155

2025

$60,214

$238,941

$299,155

Tax History

Year

Tax Paid

Assessed Value

2024

$2,419

$299,155

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Eustis Mortgage Corp

$251,555

Yes

First

Feb 5, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$226,194

$72,961

24%

75%

$1,509/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,009/mo

+$571/mo

10.3%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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