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$245,000

16606 Royal Mile Ln, Houston, TX, 77084

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,743 Sq Ft
price_per_sqft$140.56 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,642 sqft

Building Information

Year Built1976
Stories1
Garage Spaces1

Land Information

APN1078830000011
Lot Number11
SubdivisionGlencairn
Land UseResidential
Legal DescriptionLT 11 BLK 10 GLENCAIRN SEC 2
Census Tract541603
Assessed Land Value$57,837
Assessed Improvement Value$170,766
Assessment Year2025

About this property

Showcasing meticulous craftsmanship and refined details, this home offers an elevated living experience in Harris County. A lead glass front door welcomes abundant natural light into the entryway, setting a grand tone reflected by soaring high ceilings, exquisite crown molding, and custom-built-ins throughout the living spaces. Rich flooring and plush Berber carpeting underfoot add immediate warmth, leading into a magnificent kitchen highlighted by captivating C-tile flooring and a massive granite-topped center island. Designed for effortless indoor-outdoor living, the home extends into a private, fully enclosed screened-in deck and patio equipped with a surround sound system—an ideal setting for year-round entertaining amidst beautifully landscaped grounds. Blending sophisticated design, premium finishes, and practical functionality, this exceptional Houston residence delivers a seamless balance of style, comfort, and grandeur.

Investor Tools

$102,126Estimated Mortgage Balance
$126,857Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,389
$228,603
2025
$57,837
$170,766
$228,603
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,389
$228,603

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primeway Fcu
Non-Purchase Money Mortgage / Home Equity
$111,000
No
First
Feb 25, 2022
Mar 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,126
$146,874
58%
45%
$666/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,041/mo
+$999/mo
10.7%

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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16606 Royal Mile Ln | Property Details | No Agent List