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$372,000

316 Clearwater Street, Houston, TX, 77029

$373,486 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths2,453 Sq Ft
Multi FamilyMulti Family
price_per_sqft$151.65 / sqft
Year BuiltBuilt in 2026

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesRange, ENERGY STAR Qualified Appliances, Disposal, Dishwasher

Exterior

Lot Size2,500 sqft

Land Information

APN0141160300025
Lot Number25
SubdivisionFidelity
Land UseResidential
Legal DescriptionLTS 25 BLK 30 FIDELITY
Census Tract233600
Assessed Land Value$23,375
Assessment Year2025

About this property

Modern new construction offering style, functionality, and low-maintenance living! This thoughtfully designed home features an open-concept layout with abundant natural light, sleek finishes, and durable wood-look flooring throughout. The kitchen stands out with white shaker cabinets, a stylish tile backsplash, and bold navy lower cabinetry for a custom feel. Spacious bedrooms offer flexibility for guests, a home office, or everyday living, while the spa-inspired bathroom and dedicated laundry area add convenience. Enjoy a private entrance with an elevated front patio and covered parking below. Located with easy access to major highways, this home is perfect for those seeking modern living close to the city.

Investor Tools

$255,810Estimated Mortgage Balance
$125,190Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$373,486
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Norisha Johnson

Nextgen Real Estate Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$300
$23,375
2025
$23,375
N/A
$23,375
No

Tax History

Year
Tax Paid
Assessed Value
2024
$300
$23,375

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fidelis Equity And Real Estate Fund A Ll
Building Or Construction Loan
$260,000
No
First
Aug 13, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,810
$125,190
32%
67%
$1,559/mo

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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316 Clearwater Street | Property Details | No Agent List