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$487,225

NAL Estimated Property Value

16602 Saco River Way, Houston, TX, 77044

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,268 Sq Ft
price_per_sqft$134.64 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size11,687 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN1286810020006
Lot Number6
SubdivisionWaters Edge
Land UseResidential
Legal DescriptionLT 6 BLK 2 WATERS EDGE SEC 3
Census Tract252003
Assessed Land Value$85,914
Assessed Improvement Value$401,311
Assessment Year2025

About this property

ASSUMABLE LOW INTEREST RATE AVALABLE FOR VETERANS: This stunning 1.5-story home in the gated Waters Edge community is a true gem! The oversized corner lot features an inviting front porch, perfect for sipping morning coffee, complete with upgraded shutters and lush landscaping that creates a warm, welcoming vibe. Inside, you'll find a private study ideal for remote work, and a separate dining room that’s perfect for hosting dinners. The entertainer’s kitchen is a chef’s delight with staggered mahogany cabinets providing abundant storage and a large island that accommodates five stools, making it a perfect gathering spot. The three-car garage provides ample space for vehicles and storage. Plus, the whole house generator ensures peace of mind during outages, while custom Gemstone lights wrapped around the home add an enchanting touch in the evenings. Call to schedule a private tour

Investor Tools

Property Icon
$487,225
Estimated Property Value
$330,122Estimated Mortgage Balance
$157,103Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,923 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,746
$487,225
2025
$85,914
$401,311
$487,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,746
$487,225

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$337,590
Yes
First
Feb 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,122
$157,103
32%
68%
$2,025/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,125/mo
$-335/mo
6.9%

City: Houston

16602 Saco River Way | Property Details | No Agent List