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Owner Contacts

$179,500

16502 Diana Ln, Houston, TX, 77062

Pending

2 Beds

2 Bath

1,102 Sq Ft

Condos / Townhouses

$162.89 / sqft

Built in 1964

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesWater Heater, Gas Oven, Refrigerator, Dishwasher

Building Information

Year Built1964

Stories1

Land Information

APN1102510000001

SubdivisionKings Village T/H Condo 2nd Am

Land UseResidential

Legal DescriptionTH 16502D BLDG D KINGS VILLAGE T/H CONDO 2ND AM

Census Tract340502

Assessed Land Value$26,678

Assessed Improvement Value$113,735

Assessment Year2025

About this property

Welcome Home!! This beautifully renovated turn-key home is packed with custom features and ready for immediate move in. Relax with total peace of mind knowing updates have been completed-including plumbing, HVAC, tankless water heater, windows, lighting, plugs and outlets, insulation and fresh paint! Chef's dream kitchen with gorgeous cabinetry, premium finishes and a built-in wine fridge perfect for entertaining. Prime location nestled in the heart of Clear Lake, walk to Exploration Green, a 200-acre nature preserve and wildlife oasis featuring 6 miles of paved walking, biking and jogging trails. Clear Lake Recreation Center is just across the street. Perfect location for easy access to Houston, Galveston, Kemah, JSC and more! Endless nearby shopping and restaurants. CCISD schools!

Investor Tools

$0Estimated Mortgage Balance

$180,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,080 /month

Positive

Cash Flow Estimate:

$360 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$200/month

$417/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,499

$140,413

2025

$26,678

$113,735

$140,413

Tax History

Year

Tax Paid

Assessed Value

2024

$1,499

$140,413

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$172,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$417/mo

+$890/mo

8.7%

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