1176Days on Market

1view

$250,000

16807 Mission Ridge Ln, Houston, TX, 77073

On Market

4 Beds

3 Bath

2,796 Sq Ft

Single Family Residence

$89.41 / sqft

Built in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size8,568 sqft

Building Information

Year Built2004

Garage Spaces1

Land Information

APN1241140060006

Lot Number6

SubdivisionImperial Ridge

Land UseResidential

Legal DescriptionLT 6 BLK 6 IMPERIAL RIDGE SEC 1

Census Tract240704

Assessed Land Value$45,799

Assessed Improvement Value$235,217

Assessment Year2025

About this property

Welcome to 16807 Mission Ridge Lane! This spacious two-story Houston home features 4 bedrooms and 2.5 baths, offering a fantastic canvas to personalize and build instant equity. The functional main level opens to a formal dining space leading into a light-filled living area and kitchen. The ground-floor primary suite provides privacy with its own dedicated bath, along with a convenient guest half bath. Upstairs features a versatile loft/game room, perfect for a second lounge, play area, or office and three secondary bedrooms and a second full bath. Outside, enjoy a full-sized driveway, attached garage, and a spacious backyard ready for outdoor activities or relaxation. Strategically located near I-45, Hardy Toll Road, and Beltway 8, placing local schools, shopping, dining, and Bush Intercontinental Airport (IAH) just minutes away.

Investor Tools

$281,016

Estimated Property Value

$131,085Estimated Mortgage Balance

$210,313Estimated Equity

53% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,686 /month

Positive

Cash Flow Estimate:

$562 /month

Interested in this property?

Starr Charles

eXp Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$320/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,436

$281,016

2025

$45,799

$235,217

$281,016

Tax History

Year

Tax Paid

Assessed Value

2024

$2,436

$281,016

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Sebring Capital Partners Lp

Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)

$131,085

First

Apr 26, 2005

May 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$71,648

$235,352

76%

25%

$923/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$923/mo

+$1,303/mo

9.5%

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