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$274,634

NAL Estimated Property Value

16851 Marlin Spike Way, Crosby, TX, 77532

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.62 / sqft
Year BuiltBuilt in 2004

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
AppliancesDisposal, Convection Oven, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size13,299 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1057380000042
Lot Number42
SubdivisionNewport
Land UseResidential
Legal DescriptionLT 42 BLK 5 NEWPORT SEC 3
Census Tract251904
Assessed Land Value$54,670
Assessed Improvement Value$219,964
Assessment Year2025

About this property

Updated and private, this freshly painted home is a rare find at an affordable price! Recently updated kitchen includes granite countertops, offset tile flooring, undermount sink, and stainless appliances featuring an upgraded gas range with convection oven. Newly updated master bath features new granite vanity and cabinet, tub surround, fixtures and flooring. Updated hall bath has new granite vanity and offset tile flooring. Living area features wood laminate flooring with a high-lustre finish! Private back yard with covered patio backs to wide drainage easement, with no back neighbors. Property lines extend beyond back fence line into the easement. Newport is home to the Stonebridge at Newport Golf Club, a public course with resident discounts, and offers an event center, swimming pool and tennis courts. The neighborhood features a lovely entrance framed by fountains and showcasing a quaint gazebo. Other amenities include parks, boat access to Lake Houston and much more.

Investor Tools

Property Icon
$274,634
Estimated Property Value
$167,086Estimated Mortgage Balance
$107,548Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,648 /month
Positive
Cash Flow Estimate:
$549 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
$55/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,860
$274,634
2025
$54,670
$219,964
$274,634
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,860
$274,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Fha
$186,558
Yes
First
Dec 30, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,086
$107,548
39%
61%
$1,119/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,174/mo
+$548/mo
7.5%

Learn About the Market: Opportunity in Texas

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Explore

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: Crosby

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16851 Marlin Spike Way | Property Details | No Agent List