Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$386,950

NAL Estimated Property Value

16503 Craighurst Dr, Houston, TX, 77059

$390,204 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,217 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.57 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size10,084 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1053500000014
Lot Number14
SubdivisionBrook Forest
Land UseResidential
Legal DescriptionLT 14 BLK 87 BROOK FOREST SEC 1 R/P
Census Tract340302
Assessed Land Value$76,840
Assessed Improvement Value$310,110
Assessment Year2025

About this property

Nestled in Clear Lake's well-established Brook Forest neighborhood, this spacious 5-bedroom, 3.5-bath home offers a rare opportunity to restore a timeless property to its full potential. A true gem of its era, it features soaring two-story ceilings in the living room with floor to ceiling windows with backyard views, a dramatic balcony overlook, and a gas or wood burning fireplace surrounded by built-in cabinetry that highlights its timeless design. The generous layout includes a large kitchen, breakfast room, and cozy den with wet bar—perfect for entertaining. A downstairs guest bedroom adds flexibility, while the home study with classic block paneling offers a refined touch. French doors and abundant custom built-ins throughout add character & charm. With great bones & an expansive floor plan, this home is ready for updates and personal touches. Roof replaced in July 2024. Zoned to CCISD and close to shopping and restaurants!

Investor Tools

Property Icon
$386,950
Estimated Property Value
$375,000Estimated Mortgage Balance
$11,950Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$390,204
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$219
$386,950
2025
$76,840
$310,110
$386,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$219
$386,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbkc Bank
Va
$375,000
Yes
First
May 6, 2026
Jun 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$375,000
$11,950
3%
97%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$540/mo
+$2,800/mo
10.4%

City: Houston

16503 Craighurst Dr | Property Details | No Agent List