$262,000
NAL Estimated Property Value16607 Neumann Dr, Houston, TX, 77058
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
Exterior
Lot Size4,500 sqft
Building Information
Year Built1976
Stories1
Garage Spaces2
Land Information
APN1087930000002
Lot Number2
SubdivisionUniversity Green
Land UseResidential
Legal DescriptionLT 2 BLK 2 UNIVERSITY GREEN SEC 2 R/P
Census Tract341303
Assessed Land Value$63,000
Assessed Improvement Value$180,884
Assessment Year2025
About this property
Beautiful 3 bedroom, 2 bath rental completely updated. New floors, fresh paint, all new appliances. Make an appointment to view this home today!
Investor Tools
$262,000
Estimated Property Value
$260,633Estimated Mortgage Balance
$1,367Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
$547/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,400
$243,884
2025
$63,000
$180,884
$243,884
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,400
$243,884
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Va
$275,805
Yes
First
May 30, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,633
$5,367
2%
99%
$1,654/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,201/mo
$-261/mo
8.9%
