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$2,300

16506 Lanesborough Dr, Houston, TX, 77084

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.82 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Washer, Dishwasher
FlooringTile

Exterior

Lot Size5,510 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1335580020012
Lot Number12
SubdivisionBerkshire Place
Land UseResidential
Legal DescriptionLT 12 BLK 2 BERKSHIRE PLACE SEC 2
Census Tract541401
Assessed Land Value$59,246
Assessed Improvement Value$268,232
Assessment Year2025

About this property

Now available for immediate move-in, this well-maintained 2-story home is located in the desirable and established community of Berkshire Place. Offering 3 bedrooms, 2.5 bathrooms, plus a dedicated study, this home provides ample space for comfortable living. Enjoy a welcoming covered front porch and a thoughtfully designed interior featuring open-concept formal living and dining areas, modern lighting fixtures, ceiling fans, and plenty of natural light throughout. The oversized backyard includes a covered patio, perfect for outdoor entertaining or relaxing evenings. Just a short walk away, tenants can enjoy access to the community park and walking trails. Appliances included: washer, dryer, and refrigerator. You opportunity to lease a gorgeous home in a prime location.

Investor Tools

$166,367Estimated Mortgage Balance
$191,983Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

Interested in this property?

Shabeeb Anwar

Keller Williams Realty -SW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,432
$327,478
2025
$59,246
$268,232
$327,478
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,432
$327,478

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$189,600
No
First
Feb 28, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,367
$194,633
53%
46%
$1,137/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,137/mo
+$1,503/mo
8.8%

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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16506 Lanesborough Dr | Property Details | No Agent List