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Owner Contacts

$224,000

16902 Highmore Dr, Houston, TX, 77396

Off Market

3 Beds

2 Bath

1,513 Sq Ft

Single Family Residence

$152.02 / sqft

Built in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size7,932 sqft

Building Information

Year Built1983

Stories1

Garage Spaces2

Land Information

APN1148060020067

Lot Number67

SubdivisionHeather Ridge Village

Land UseResidential

Legal DescriptionLT 67 BLK 2 HEATHER RIDGE VILLAGE SEC 1

Census Tract241501

Assessed Land Value$42,019

Assessed Improvement Value$163,605

Assessment Year2025

About this property

Step into a bright and spacious three-bedroom, two-bathroom home featuring soaring ceilings and a fantastic flow between the living, dining, and kitchen – ideal for both everyday comfort and entertaining. Recently updated throughout, the interior boasts brand-new flooring, fresh paint, and stylishly renovated kitchen and bathrooms. Escape to the expansive primary suite, complete with dual vanities, a separate tub and shower, and a large walk-in closet. Crave outdoor enjoyment? The backyard offers all the space you need to truly savor your property. With convenient access to Highway 59 and Beltway 8, commuting is simple. Don't miss the opportunity to make this beautifully refreshed home yours!

Investor Tools

$224,000

Estimated Property Value

$211,500Estimated Mortgage Balance

$0Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,380 /month

Positive

Cash Flow Estimate:

$460 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$305/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,540

$205,624

2025

$42,019

$163,605

$205,624

Tax History

Year

Tax Paid

Assessed Value

2024

$2,540

$205,624

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Bank

Conventional

$211,500

First

May 15, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$415,552

N/A

186%

$2,538/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,880/mo

$2,538/mo

$-658/mo

10.1%

Learn About the Market: Opportunity in Houston

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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.

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