B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$369,000

NAL Estimated Property Value

16503 Adobe Cir, Houston, TX, 77095

Off Market

3 Beds

2 Bath

2,050 Sq Ft

Single Family Residence

$158.54 / sqft

Built in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Washer, Water Purifier

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Lot Size9,043 sqft

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1231530020004

Lot Number4

SubdivisionStone Gate

Land UseResidential

Legal DescriptionLT 4 BLK 2 STONE GATE SEC 14

Census Tract541008

Assessed Land Value$68,146

Assessed Improvement Value$282,826

Assessment Year2025

About this property

Super home in Stone Gate! This wonderfully appointed one-story split floor plan 3/4 BR/2 BA home has great curb appeal, fabulous living spaces, & a dream oasis backyard, with a covered patio, inground waterfall pool, and spa! Entry has a solid wood/leaded glass door, updated light, neutral tile throughout, open concept living, formal living/dining/flex space, Office/Study could be a 4th Bedroom! Ceramic Gas Log Fireplace to keep you warm in the Family Room with surround sound (including in the Primary Bedroom)! High ceilings make the home feel so light & airy! Chef's kitchen features gas cooktop, stainless steel oven, microwave & dishwasher w/solid surface counters including large breakfast bar! Secluded primary w/ensuite jetted tub/walk-in shower & private water closet. Closets have extra storage! Garage features a nice workshop! Tons of features & upgrades! Stone Gate is a master-planned community w/Houston National Golf Club, parks, pools, & trails! Showings start after 2pm on Sat.!

Investor Tools

$369,000

Estimated Property Value

$261,777Estimated Mortgage Balance

$107,223Estimated Equity

25% 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

$348/month

$1,140/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,327

$350,972

2025

$68,146

$282,826

$350,972

Tax History

Year

Tax Paid

Assessed Value

2024

$2,327

$350,972

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Flagstar Bank Fsb

Conventional

$284,000

First

Mar 4, 2022

Apr 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$261,777

$91,223

25%

71%

$1,703/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$2,843/mo

$-803/mo

6.6%

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