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$213,000

803 N 16th Street, Memphis, TX, 79245

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,091 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.43 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDouble Oven, Cooktop, Microwave, Trash Compactor

Exterior

Lot Size13,983 sqft

Building Information

Year Built1973
Garage Spaces2

Land Information

APN203793
Land UseResidential
Legal DescriptionWHALEY ADDITION, MEMPHIS BLOCK: 8 LOTS: 5 - 6
Census Tract950500
Assessed Land Value$2,500
Assessed Improvement Value$171,260
Assessment Year2025

About this property

Less than half a mile to both the high school and middle school, this well-designed, 3 bed, 2 bath, corner-lot home offers space, storage, and flexibility. Features include an isolated primary suite with split vanities, walk-in closets in every bedroom, and abundant storage throughout. The open-concept layout includes a gas fireplace with gas logs, additional room ideal for an office, den, or potential 4th bedroom, and a separate utility room with a sink. The kitchen boasts a double oven, pantry storage, and above/below cabinet lighting. Outside you'll find a 2-car garage plus carport and circle drive, two storage sheds (one with electricity), front and back sprinklers, mature trees, a large backyard with rear swing gate, and an oversized patio, perfect for entertaining! Call today!

Investor Tools

Property Icon
$213,000
Estimated Property Value
$0Estimated Mortgage Balance
$213,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,152
$150,080
2025
$2,500
$171,260
$173,760
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,152
$150,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,000
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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: Memphis

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803 N 16th Street | Property Details | No Agent List