31Days on Market

1view

$230,000

$235,000

16775 Mammoth Springs Dr, Houston, TX, 77095

On Market

Price Drop

3 Beds

3 Bath

1,518 Sq Ft

Condos / Townhouses

$151.52 / sqft

Built in 2010

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size3,223 sqft

Building Information

Year Built2010

Garage Spaces1

Land Information

APN1254000040036

Lot Number36

SubdivisionCanyon Lakes At Stonegate

Land UseResidential

Legal DescriptionLT 36 BLK 4 CANYON LAKES AT STONEGATE SEC 9

Census Tract541009

Assessed Land Value$43,071

Assessed Improvement Value$170,115

Assessment Year2025

About this property

Terrific find in popular Canyon Lakes at Stonegate! 3 BDRM's with 2.5 baths, updated flooring, ideal lot with extra parking in front of driveway, no backyard neighbors, extra space behind detached garage! Clean inside and out! Covered front porch, granite counters, stainless steel appliances, loads of bright lights + natural lighting. Downstairs 1/2 bath. Updated ceiling fans. MOVE-IN Ready! Great community. Excellent affordability! Community amenities include access to community Splash Pad, tennis courts, covered basketball courts, fitness center, volleyball courts, 36-hole championship golf experience, with a private 20,0000 square foot, state-of-the-art clubhouse, walking trails and much more! Close to 290! Near The Boardwalk Towne Lake, dining, entertainment, wellness & services!

Investor Tools

$233,000

Estimated Property Value

$206,800Estimated Mortgage Balance

$42,382Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,398 /month

Positive

Cash Flow Estimate:

$466 /month

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RE/MAX Compass

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$214/month

$1,290/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,403

$213,186

2025

$43,071

$170,115

$213,186

Tax History

Year

Tax Paid

Assessed Value

2024

$1,403

$213,186

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$206,800

First

Apr 4, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,618

$42,382

18%

82%

$1,240/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$2,530/mo

$-490/mo

10.5%

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