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$148,000

NAL Estimated Property Value

16587 El Camino Real, Houston, TX, 77062

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,006 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$149.11 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringVinyl

Building Information

Year Built1963
Stories1

Land Information

APN1102650000002
SubdivisionKings Village T/H Condo 2nd Am
Land UseResidential
Legal DescriptionTH 16587E BLDG R KINGS VILLAGE T/H CONDO 2ND AM
Census Tract340502
Assessed Land Value$23,756
Assessed Improvement Value$101,278
Assessment Year2025

About this property

Don't miss out on this completely renovated and refreshed Townhome in central Clear Lake! Within walking distance to restaurants, grocery stores and walking trails... The simple clean dove grey tones, new washer, dryer, microwave, oven, cabinets and countertops... updated flooring, tons of kitchen storage! This unit is a must see - your chance to live in a completely refreshed property and own it for a Great Price!

Investor Tools

Property Icon
$148,000
Estimated Property Value
$32,895Estimated Mortgage Balance
$115,105Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,333
$125,034
2025
$23,756
$101,278
$125,034
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,333
$125,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
E Option Loan Llc
Purchase Money Mortgage
$65,000
No
First
Apr 20, 2007
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,895
$115,105
77%
22%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$330/mo
+$977/mo
10.6%

City: Houston

16587 El Camino Real | Property Details | No Agent List