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$290,000

16702 Lee Rd, Houston, TX, 77396

$377,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths3,787 Sq Ft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size8,276 sqft

Building Information

Year Built1970
Stories1

Land Information

APN0903070000446
Lot Number446
SubdivisionGlen Lee Place
Land UseIndustrial
Legal DescriptionLT 446 BLK 17 GLEN LEE PLACE SEC 2
Census Tract241501
Assessed Land Value$16,552
Assessed Improvement Value$118,840
Assessment Year2025

About this property

This freestanding commercial warehouse at 16702 Lee Rd in Humble offers approximately 3,115 sq. ft. of building area on an 8,276 sq. ft. lot. The fully fenced property features a gated entrance and paved areas with room for approximately 18–20 vehicles. Inside, the office area includes three private offices and one bathroom, with direct access to the warehouse. Two connected warehouse spaces each have their own bay door, allowing separate loading access while keeping both areas connected inside. Ample storage throughout provides room for tools, equipment, supplies, and inventory. The exterior includes asphalt and concrete paving and a covered canopy over a concrete slab. The combination of private offices, connected warehouse space, and gated parking makes this property an option for contractors, service businesses, and other users looking to keep administrative and warehouse operations at one address. Located on Lee Road near Rankin Road, with convenient access to I-69/US-59.

Investor Tools

$199,133Estimated Mortgage Balance
$135,392Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$377,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

Interested in this property?

Sydney Peterson

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,431
$135,392
2025
$16,552
$118,840
$135,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,431
$135,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Garza Family Limited Partnership
Purchase Money Mortgage
$200,000
No
First
Jul 29, 2026
Aug 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,133
N/A
0%
147%
$1,200/mo

City: Houston