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$356,000

NAL Estimated Property Value

16735 Newlight Bend Dr, Houston, TX, 77095

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.31 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size7,174 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN1261410010072
Lot Number72
SubdivisionCanyon Lakes At Stonegate
Land UseResidential
Legal DescriptionLT 72 BLK 1 CANYON LAKES AT STONEGATE SEC 12
Census Tract541009
Assessed Land Value$67,908
Assessed Improvement Value$258,742
Assessment Year2025

About this property

This brand-new, fully renovated home boasts over $140,000 in upgrades, including two new kitchens, new flooring, new cabinets, new countertops, new bathrooms, new doors, new AC, new lighting fixtures, new window shutters, a new roof, and is located in a gated community with a low 2.1% tax rate (before homestead) in the best location with easy access to everything.

Investor Tools

Property Icon
$356,000
Estimated Property Value
$292,804Estimated Mortgage Balance
$63,196Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,738
$326,650
2025
$67,908
$258,742
$326,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,738
$326,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$297,600
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,804
$66,196
18%
82%
$1,785/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,985/mo
$-945/mo
6.9%

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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16735 Newlight Bend Dr | Property Details | No Agent List