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Owner Contacts

$319,000

16611 Mccormick Dr, Houston, TX, 77095

Off Market

3 Beds

2 Bath

2,054 Sq Ft

Single Family Residence

$136.27 / sqft

Built in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,970 sqft

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1223570030003

Lot Number3

SubdivisionWheatstone Estates

Land UseResidential

Legal DescriptionLT 3 BLK 3 WHEATSTONE ESTATES SEC 2

Census Tract541205

Assessed Land Value$64,061

Assessed Improvement Value$233,936

Assessment Year2025

About this property

Charming 1-story home nestled on a quiet cul-de-sac street in the established neighborhood of Wheatstone Estates. Mature trees & lush landscaping offers great curb appeal. Ceramic tile entry flanked by formal living & dining room! Recent carpet! Gorgeous wood laminate flooring flows into the spacious family room w/designer grasscloth & chair rail molding w/corner fireplace & large picture window! Kitchen boasts cheery breakfast room, breakfast bar overlooking dark stained cabinets, granite countertops & stainless appliances incl. a gas cooktop! Primary bedroom w/high ceilings & en-suite w/dual sink vanity, separate glass enclosed shower & whirlpool tub. This home boasts two secondary bedrooms, one w/laminate flooring, and a full sized secondary bathroom! Step outside onto a patio that overlooks a great backyard entertaining area w/greenspace & landscaping w/pretty foliage! A quaint storage shed provides extra storage space! Garage has overhead storage as well. Great CFISD Schools!

Investor Tools

$319,000

Estimated Property Value

$277,000Estimated Mortgage Balance

$67,008Estimated Equity

13% equity

Estimated Cap Rate

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Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,914 /month

Positive

Cash Flow Estimate:

$638 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$246/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,352

$297,997

2025

$64,061

$233,936

$297,997

Tax History

Year

Tax Paid

Assessed Value

2020

$1,352

$297,997

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

$277,000

Yes

First

Aug 27, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$251,992

$67,008

21%

79%

$1,661/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,640/mo

$2,261/mo

+$379/mo

9.9%

Learn About the Market: Opportunity in Houston

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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.

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