$249,000
NAL Estimated Property Value16621 Oak Ln, Channelview, TX, 77530
$323,700 ARV
Off Market
Property Lead Type:
Deal ListARV FlipAbsentee Owner
Highlights
Interior
AppliancesDisposal, Microwave, Free-Standing Range, Dishwasher, Refrigerator
FlooringCarpet, Vinyl
Exterior
Lot Size43,495 sqft
Building Information
Year Built2000
Garage Spaces2
Land Information
APN0650910110016
SubdivisionOld River Terrace
Land UseResidential
Legal DescriptionTR 2 R/S BLK 11 E 67.04 FT OF W 134.08 FT OLD RIVER TERRACE SEC 3
Census Tract252602
Assessed Land Value$126,990
Assessed Improvement Value$50,115
Assessment Year2025
About this property
A secluded country setting awaits you at this 0.86 acre property with a 4 bedroom, 3 bath manufactured home. Nice large open Kitchen area with an island to enjoy those family dinners together . Home sits on concrete slab with a carport. Additional slab in the back with an 18' X 24' X 10' metal building for working on your projects. Close to I-10 and shopping. Make your appointment today because this property wont last long.
Investor Tools
$249,000
Estimated Property Value
$192,801Estimated Mortgage Balance
$56,199Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$323,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,120
$177,105
2025
$126,990
$50,115
$177,105
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,120
$177,105
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$196,377
Yes
First
Aug 5, 2021
Sep 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,801
$44,199
18%
77%
$1,265/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,265/mo
+$457/mo
8.3%
