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$242,432

NAL Estimated Property Value

16603 Sierra Grande Dr, Houston, TX, 77083

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,250 Sq Ft
price_per_sqft$199.92 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size10,349 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5040-01-011-0440-907
Lot Number44
SubdivisionMission West Sec 1
Land UseResidential
Legal DescriptionMISSION WEST SEC 1, BLOCK 11, LOT 44
Census Tract672603
Assessed Land Value$94,255
Assessed Improvement Value$148,177
Assessment Year2025

About this property

Welcome to this lovely property in the Houston area, tucked away in a peaceful neighborhood! Your kids will thrive at the fantastic Fort Bend Independent School District, and you'll have quick access to the Westpark Tollway for easy commuting. This charming home boasts three cozy bedrooms and two bathrooms, making it perfect for your family. You'll find plenty of nearby parks and fantastic entertainment and dining options to explore. Plus, the spacious fenced backyard is just waiting for those fun family gatherings and friendly get-togethers! If you’re excited about making this house your new home, don’t hesitate to give me a call. I’d love to chat with you!

Investor Tools

Property Icon
$242,432
Estimated Property Value
$232,153Estimated Mortgage Balance
$10,279Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,828
$242,432
2025
$94,255
$148,177
$242,432
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,828
$242,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$237,405
No
First
Feb 21, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,153
$10,279
4%
96%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,774/mo
$-52/mo
8.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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