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$483,390

NAL Estimated Property Value

16611 Waycreek Rd, Houston, TX, 77068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,350 Sq Ft
price_per_sqft$178.72 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size32,670 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN0902290000171
Lot Number171
SubdivisionBammel Forest
Land UseResidential
Legal DescriptionLT 171 BAMMEL FOREST SEC 2
Census Tract553002
Assessed Land Value$51,041
Assessed Improvement Value$432,349
Assessment Year2025

About this property

Brand New Home for Sale – Rare Nearly 1-Acre Lot! Discover this stunning one-story, 2,050 sq. ft. custom home, perfectly situated on an exceptionally large lot—almost an acre! With brick all around, an open layout with high ceilings, and wood-like tile flooring throughout, this home offers both style and comfort. The gourmet kitchen features custom cabinets, quartz countertops, a luxury gas cooktop, a separate gas oven, and a built-in microwave. Boasting 4 spacious bedrooms, 2.5 bathrooms, and a 2-car garage with a long driveway, this home provides ample space inside and out. Conveniently located near major freeways, top shopping centers, and a variety of dining options. Don’t miss this rare opportunity—schedule a showing today!

Investor Tools

Property Icon
$483,390
Estimated Property Value
$334,013Estimated Mortgage Balance
$149,377Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,900 /month
Positive
Cash Flow Estimate:
$967 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,575
$483,390
2025
$51,041
$432,349
$483,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,575
$483,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$340,000
No
First
May 13, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,013
$149,377
30%
69%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$2,039/mo
+$211/mo
5.6%

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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16611 Waycreek Rd | Property Details | No Agent List