$357,107
NAL Estimated Property Value16511 Horizon Drive, Crosby, TX, 77532
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile
Exterior
Lot Size10,097 sqft
Building Information
Year Built1993
Stories2
Garage Spaces2
Land Information
APN1059510000008
Lot Number8
SubdivisionNewport
Land UseResidential
Legal DescriptionLT 8 BLK 12 NEWPORT SEC 4
Census Tract251902
Assessed Land Value$53,040
Assessed Improvement Value$304,067
Assessment Year2025
About this property
This stunning two-story home has 5 bedrooms, 3.5 bathrooms, and sits on a corner lot within a cul-de-sac. Featuring quartz countertops, an island with a cooktop, formal dining area, and an office/study. The spacious living room includes high ceilings and a cozy fireplace. Additional highlights include a detached garage, fenced in backyard, and a covered back patio. Newport amenities included walking trails, 3 parks and splashpads. Swimming pool, gym, tennis courts. Access to Lake Houston, boat launch and pier. Stonebridge Country Club and golf course.
Investor Tools
$357,107
Estimated Property Value
$338,201Estimated Mortgage Balance
$18,906Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,143 /month
Positive
Cash Flow Estimate:
$714 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
$55/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$164
$357,107
2025
$53,040
$304,067
$357,107
No
Tax History
Year
Tax Paid
Assessed Value
2024
$164
$357,107
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$348,570
Yes
First
Sep 27, 2024
Oct 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,201
$18,906
5%
95%
$2,090/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,145/mo
+$81/mo
7.5%
