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$459,342

NAL Estimated Property Value

16818 Park Island Ct, Tomball, TX, 77377

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,339 Sq Ft
price_per_sqft$130.4 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,316 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1181570010013
Lot Number13
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 13 BLK 1 LAKEWOOD FOREST SEC 18
Census Tract554600
Assessed Land Value$77,927
Assessed Improvement Value$381,415
Assessment Year2025

About this property

FANTASTIC 1 STORY HOME ON A CUL DE SAC!!! Amazing curb appeal carries into the home as the entry way greets you with a beautiful pendant light. At first glance you notice the shutters that grace the dining room, but you soon find the shutters are on so many windows. The large living/ great room has a wall of windows that let the light stream in and brighten the entire room. The kitchen is adjacent to the great room with a breakfast bar as part of the great kitchen that is made for entertaining. With an overabundance of counter space you will find space galore. The laundry room is conveniently located off of the back door entry that leads to the covered back patio and the breezeway that leads to the detached garage.The supersized secondary bath is off in a wing with the large secondary bedrooms and the primary bedroom suite is tucked into the rear of the house with an adjacent office or nursery. Amazing floorpan and private yard! You have to see it to believe it!

Investor Tools

Property Icon
$459,342
Estimated Property Value
$141,436Estimated Mortgage Balance
$317,906Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,756 /month
Positive
Cash Flow Estimate:
$919 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$637
$459,342
2025
$77,927
$381,415
$459,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$637
$459,342

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$154,300
No
First
Dec 21, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,436
$317,906
69%
31%
$926/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$1,556/mo
+$654/mo
5.8%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tomball

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16818 Park Island Ct | Property Details | No Agent List