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$293,000

NAL Estimated Property Value

16603 River Grass Trl, Hockley, TX, 77447

SoldInfo
7/17/26
Beds3 Beds
Baths2 Bath
Baths1,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.53 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size6,077 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1474790040023
Lot Number23
Land UseResidential Single Family
Legal DescriptionLT 23 BLK 4 GRAND PRAIRIE HIGHLANDS SEC 5
Census Tract543100
Assessed Land Value$54,675
Assessed Improvement Value$98,668
Assessment Year2025

About this property

Charming one-story home is ready for you in The Grand Prairie! Barely lived in! Plenty of room for everyone with 3 bedrooms, 2 full bathrooms, plus a dedicated home office. Nice, open floor plan. The beautiful island kitchen features white cabinetry and stainless-steel appliances and is open to the dining area and family room with backyard views. The primary suite offers 2 walk-in closets along with an oversized shower and large vanity. Spacious secondary bedrooms with a full guest bathroom. Step outside to the private backyard with a covered patio and no back neighbors. Sprinkler system, tankless water heater. Amazing community amenities include a 6700 sq. ft. amenity complex, 2 resort-style pools, splash pad, event lawn, zip line, dog park, pickleball courts, playgrounds, parks, 20 miles of interconnected trails and the paddleboard/fishing friendly 70-acre Lake Ember. Zoned to Waller ISD. Easy access to Hwy. 290. Make your showing appointment today!

Investor Tools

Property Icon
$293,000
Estimated Property Value
$161,100Estimated Mortgage Balance
$132,151Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$153,343
2025
$54,675
$98,668
$153,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$153,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$165,000
No
First
Feb 14, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,100
$131,900
45%
55%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,190/mo
$-250/mo
7.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hockley

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