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$278,187

16709 Ivy Grove Dr, Houston, TX, 77058

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,398 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.71 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Vinyl

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1135550000001
Lot Number1
SubdivisionUniversity Green
Land UseResidential
Legal DescriptionLT 1 BLK 1 UNIVERSITY GREEN SEC 5
Census Tract341303
Assessed Land Value$57,400
Assessed Improvement Value$220,787
Assessment Year2025

About this property

Adorable and easy maintenance patio home on a park-like corner lot in Clear Lake's University Green community! This freshly painted, well-kept, and recently updated 3-bedroom home boasts new and beautiful luxury vinyl plank flooring that extends throughout the spacious family room with a vaulted & beamed ceiling and a stylishly updated gas log fireplace with a stacked stone facade. A dining area with designer lighting and a raised breakfast bar opens into the kitchen with granite countertops, a marble tile backsplash, freshly painted white cabinetry, and stainless appliances, including a brand-new refrigerator. The split floorplan allows privacy for the master suite that is located in the front of the home and features an en suite bath with dual sinks and a frameless glass shower. Outdoors, you'll find a decked & covered patio space that's perfect for grilling and dining al fresco with views of the lush backyard.

Investor Tools

Property Icon
$278,187
Estimated Property Value
$200,000Estimated Mortgage Balance
$95,205Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,669 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
$762/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,695
$278,187
2025
$57,400
$220,787
$278,187
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,695
$278,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$200,000
No
First
Nov 18, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,982
$95,205
34%
66%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,962/mo
$-492/mo
6.3%

Learn About the Market: Opportunity in Houston

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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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16709 Ivy Grove Dr | Property Details | No Agent List