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$369,000

NAL Estimated Property Value

16446 Shady Elms Dr, Houston, TX, 77059

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,085 Sq Ft
price_per_sqft$170.22 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size10,014 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN1053940020012
SubdivisionMiddlebrook
Land UseResidential
Legal DescriptionLT L BLK 57 MIDDLEBROOK SEC 1 R/P
Census Tract340302
Assessed Land Value$72,318
Assessed Improvement Value$286,261
Assessment Year2025

About this property

This charming home is in the heart of Clear Lake and is ready for a new loving family. Updates galore!! List can be found under documents and are also described under each photo. Tax information shows Middlebrook as the Subdivision but is in the Brook Forest HOA. Only minutes from NASA, UHCL, Baybrook Mall and is located in the desirable Clear Creek ISD. This home has so many wonderful features and updates--- will not last long. Per Seller- No flooding!!

Investor Tools

Property Icon
$369,000
Estimated Property Value
$349,117Estimated Mortgage Balance
$19,883Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
$493/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,235
$358,579
2025
$72,318
$286,261
$358,579
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,235
$358,579

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$366,652
Yes
First
Oct 27, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,117
$14,883
4%
95%
$2,243/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,736/mo
+$604/mo
10.9%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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16446 Shady Elms Dr | Property Details | No Agent List