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$1,015,000

NAL Estimated Property Value

2016 Lubbock St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,106 Sq Ft
price_per_sqft$330.01 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Double Oven, Electric Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Indoor Grill, Dishwasher, Oven, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built2013
Stories2
Garage Spaces1

Land Information

APN0051990000002
Lot Number2
SubdivisionBaker W R Nsbb
Land UseResidential
Legal DescriptionLT 2 BLK 416 BAKER W R NSBB
Census Tract510202
Assessed Land Value$300,000
Assessed Improvement Value$715,000
Assessment Year2025

About this property

Welcome to this one of a kind stunning home in Houston's first historic neighborhood, Old 6th ward. This beautiful home includes 12 foot ceilings in most of the common rooms, plantation shutters, Restoration hardware lighting, premium appliances with three ovens and an outdoor kitchen as well as foam insulation throughout resulting in amazingly low utility bills. Two primary bedrooms and an extra large third bedroom and many extras like a steam shower, make this home a pleasure to live in. From the front porch to the back yard, this home is perfect for entertaining. The exterior truly reflects the style of the later 1800's typical of the homes in this, Houston's first historic neighborhood. Constructed to the highest standards with too many premium features to mention here. Located in the Hub of Houston with easy access to downtown, dozens of restaurants, Sawyer Yards and Memorial Park and Bayou Park systems and much much more!

Investor Tools

Property Icon
$1,015,000
Estimated Property Value
$748,833Estimated Mortgage Balance
$266,167Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,150 /month
Positive
Cash Flow Estimate:
$2,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,317
$1,015,000
2025
$300,000
$715,000
$1,015,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,317
$1,015,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$751,000
No
First
Mar 19, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$748,833
$315,167
29%
74%
$4,503/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,503/mo
$-1,923/mo
3.1%

City: Houston