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$252,994

16506 Park Douglas Dr, Houston, TX, 77084

SoldInfo
7/02/26
Beds4 Beds
Baths3 Bath
Baths1,650 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.33 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,200 sqft

Building Information

Year Built1979
Garage Spaces2

Land Information

APN1142710040021
Lot Number21
SubdivisionPine Forest Village
Land UseResidential
Legal DescriptionLT 21 BLK 4 PINE FOREST VILLAGE
Census Tract541701
Assessed Land Value$46,647
Assessed Improvement Value$206,347
Assessment Year2025

About this property

Great Value for Homeowners or Investors! This property features an updated kitchen and bathrooms, along with a spacious and functional layout filled with natural light. The open living areas provide a comfortable flow for both everyday living and entertaining. The home was updated but could benefit from fresh paint and minor cosmetic touch-ups, making it a great opportunity for buyers to add their own finishing touches while creating great value and instant equity. Large backyard with plenty of room for outdoor enjoyment. Conveniently located near major highways, shopping, dining, parks, and schools with easy access to the Energy Corridor and surrounding areas. Great value for homeowners or investors. Schedule your private showing today!

Investor Tools

Property Icon
$252,994
Estimated Property Value
$88,400Estimated Mortgage Balance
$214,769Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$392/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,118
$252,994
2025
$46,647
$206,347
$252,994
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2020
$2,118
$252,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home123 Corp
Stand Alone First / Home Equity First Lien
$88,400
No
First
Jul 1, 2005
Aug 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,225
$214,769
84%
15%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$392/mo
+$2,248/mo
12.5%

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 Park Douglas Dr | Property Details | No Agent List