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$326,464

NAL Estimated Property Value

16507 Creeksouth Rd, Houston, TX, 77068

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,323 Sq Ft
price_per_sqft$133.02 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size25,300 sqft

Building Information

Year Built1975
Stories1
Garage Spaces4

Land Information

APN0902290000133
Lot Number133
SubdivisionBammel Forest
Land UseResidential
Legal DescriptionLT 133 BAMMEL FOREST SEC 2
Census Tract553002
Assessed Land Value$56,663
Assessed Improvement Value$269,801
Assessment Year2025

About this property

Expansive property of over 1/2 acre - no back neighbors, no MUD, low low LOW tax rate. Property features two living areas - Formal Living and large Den with fireplace - two dining areas - Formal Dining and Breakfast Room - 4 large Bedrooms and 2 Bathrooms, plus an oversized Utility Room in the house - all in just over 2300 sf. Oversized detached Garage has space for storage, workroom, or Home Office. Fully remodeled with granite countertops, soft close cabinetry, new flooring, 4-year old roof, beautiful neutral colors, and room to roam. Secluded neighborhood has easy access to 45, 1960, Beltway, Grand Parkway and all in a quiet, rural setting. This property is a hidden gem. Don't miss this opportunity for your piece of paradise. Come see everything this home has to offer.

Investor Tools

Property Icon
$326,464
Estimated Property Value
$260,986Estimated Mortgage Balance
$65,478Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,959 /month
Positive
Cash Flow Estimate:
$653 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,926
$326,464
2025
$56,663
$269,801
$326,464
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,926
$326,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$278,100
No
First
Jan 12, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,986
$65,478
20%
80%
$1,668/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$1,668/mo
+$582/mo
8.3%

City: Houston

16507 Creeksouth Rd | Property Details | No Agent List