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1view

$223,000

16511 Dounreay Dr, Houston, TX, 77084

Off Market

3 Beds

2 Bath

1,562 Sq Ft

Single Family Residence

$136.08 / sqft

Built in 1978

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Range, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,998 sqft

Building Information

Year Built1978

Stories1

Garage Spaces2

Land Information

APN1095810000009

Lot Number9

SubdivisionGlencairn Park

Land UseResidential

Legal DescriptionLT 9 BLK 7 GLENCAIRN PARK

Census Tract541603

Assessed Land Value$46,500

Assessed Improvement Value$168,034

Assessment Year2025

About this property

Great, One Story Home in Glencairn Park with Open Floor Plan in a Quiet & Well Established Community! Interior is Freshly Painted. Impressive Living Area has Lots of Room to Entertain Your Friends & Family and Boasts a Wood Burning Fireplace & High Vaulted Ceiling. No Carpet! Dining Room, Living Area, Breakfast Room, Hall & Kitchen are Highlighted with Tile Floors. Tile Counter Tops Accentuate the Kitchen with Counter Space and Breakfast Bar. Laundry Room is Conveniently Located off the Kitchen. New Wood Laminate Floors in Bedrooms (Oct 2023). Spacious Primary Suite has EnSuite Bath & 2 Walk In Closets with Plenty of Room for all your Belongings! Covered Back Patio to Enjoy Your Morning Coffee! Easy Access to Hwy 6 & I-10. Lots of Restaurants & Shopping Close By! Community has 2 Pools, Tennis Courts & 2 Parks & is Zoned to Sought After Katy ISD. Make Your Appointment Today & Enjoy Your New Home for the Holidays!!

Investor Tools

$223,000

Estimated Property Value

$164,000Estimated Mortgage Balance

$66,182Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,338 /month

Positive

Cash Flow Estimate:

$446 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$293/month

$375/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,401

$214,534

2025

$46,500

$168,034

$214,534

Tax History

Year

Tax Paid

Assessed Value

2024

$2,401

$214,534

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$164,000

First

Dec 8, 2023

Jan 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$156,818

$61,182

28%

70%

$984/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$1,359/mo

+$681/mo

11.0%

Learn About the Market: Opportunity in Houston

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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.

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