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$285,000

16043 Spinnaker Dr, Crosby, TX, 77532

$308,295 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Cooktop, Electric Range, Dishwasher
FlooringCarpet

Exterior

Lot Size9,797 sqft

Building Information

Year Built1975
Stories1
Garage Spaces4

Land Information

APN1053130000002
Lot Number2
SubdivisionNewport
Land UseResidential
Legal DescriptionLT 2 BLK 2 NEWPORT SEC 1
Census Tract251902
Assessed Land Value$51,720
Assessed Improvement Value$202,089
Assessment Year2025

About this property

Welcome home to this beautifully maintained property featuring charming curb appeal, mature landscaping, and a distinctive brick exterior. Inside, rich wood-look flooring adds warmth throughout the living areas, while vaulted ceilings with exposed wood beams create an inviting atmosphere. The kitchen showcases dark cabinetry, updated hardware, sleek countertops, a classic tile backsplash, and stainless steel appliances. Enjoy a comfortable living space perfect for relaxing or entertaining. Outside, the well-kept lawn, established trees, covered carport, and backyard storage shed offer added convenience and functionality. Major systems, including the roof, HVAC, and water heater, have been well maintained for added peace of mind. Lovingly cared for and full of character, this home is ready for its next chapter!

Investor Tools

$55,690Estimated Mortgage Balance
$219,310Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$308,295
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Jared Turner

Turner Mangum,LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$126/month
$65/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$132
$253,809
2025
$51,720
$202,089
$253,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$132
$253,809

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Fha
$92,025
Yes
First
Jul 28, 2010
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,690
$219,310
79%
20%
$552/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
$617/mo
+$1,203/mo
7.9%

City: Crosby