B+

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Owner Contacts

$496,318

NAL Estimated Property Value

16515 Ruby Meadow Dr, Houston, TX, 77095

Off Market

4 Beds

4 Bath

3,845 Sq Ft

Single Family Residence

$123.54 / sqft

Built in 2004

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size9,091 sqft

Building Information

Year Built2004

Garage Spaces3

Land Information

APN1223630020007

Lot Number7

SubdivisionStone Gate

Land UseResidential

Legal DescriptionLT 7 BLK 2 STONE GATE SEC 9

Census Tract541008

Assessed Land Value$81,319

Assessed Improvement Value$414,999

Assessment Year2025

About this property

MOTIVATED SELLER MUST SELL! Priced MUCH lower than market value! This magnificent 4 bed, 3.5 bath home was made for entertaining! Enjoy a refreshing dip in the stunning pool and spa or relax on the outdoor palapa lounge deck while listening to the waterfall creating an oasis of tranquility in your own backyard. The formal dining and breakfast areas offer plenty of space to enjoy meals together while the gourmet kitchen with its island and built-in desk area opens up to the massive living room. The private home office and den allow plenty of options for working from home, while the upstairs game room keeps everyone entertained at any age with a balcony overlooking the pool. The media room is perfect for movie nights and can also be used as a fifth bedroom. Three secondary bedrooms plus two full baths complete the second floor. Three-car attached garage.

Investor Tools

$496,318

Estimated Property Value

$426,947Estimated Mortgage Balance

$69,371Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,978 /month

Positive

Cash Flow Estimate:

$993 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$272/month

$1,150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$784

$496,318

2025

$81,319

$414,999

$496,318

Tax History

Year

Tax Paid

Assessed Value

2024

$784

$496,318

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Brazos Valley Schools Cu

Conventional

$446,500

First

Dec 5, 2023

Jan 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$426,947

$93,053

17%

86%

$2,677/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,640/mo

$3,827/mo

$-1,187/mo

6.4%

Learn About the Market: Opportunity in Houston

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