$350,000
NAL Estimated Property Value16523 Berkshire Forest Dr, Houston, TX, 77095
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile, Vinyl
Exterior
Lot Size5,118 sqft
Building Information
Year Built2007
Garage Spaces2
Land Information
APN1261430020024
Lot Number24
SubdivisionCanyon Lakes At Stonegate
Land UseResidential
Legal DescriptionLT 24 BLK 2 CANYON LAKES AT STONEGATE SEC 14
Census Tract541009
Assessed Land Value$60,026
Assessed Improvement Value$289,974
Assessment Year2025
About this property
Stunning 2 story, 4 bedroom and 2.5 bath home! Spacious Family Room open to Breakfast Room and Remodeled Island Kitchen. Relaxing Primary Bedroom downstairs with ensuite bath and walk-in closet. 3 secondary bedrooms and a large game room upstairs. Luxury Vinyl Plank floors in Family Room and Primary Bedroom. Owned Solar Panels installed by Freedom Forever. New Roof in 2023! Located in Canyon Lakes at Stone Gate with tons of amenities and easy access to HWYs.
Investor Tools
$350,000
Estimated Property Value
$235,813Estimated Mortgage Balance
$114,187Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
$1,034/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,893
$350,000
2025
$60,026
$289,974
$350,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,893
$350,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Optimum First Inc
Conventional
$245,000
No
First
Apr 4, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,813
$114,187
32%
67%
$1,469/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,503/mo
+$137/mo
9.1%
