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$2,982,000

NAL Estimated Property Value

10611 Gawain Ln, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,838 Sq Ft
price_per_sqft$716.52 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Indoor Grill, Dishwasher, Refrigerator
FlooringCarpet, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size16,967 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN0911920000006
Lot Number6
SubdivisionMemorial Timbers
Land UseResidential
Legal DescriptionLT 6 BLK 5 MEMORIAL TIMBERS
Census Tract430300
Assessed Land Value$1,310,565
Assessed Improvement Value$1,072,335
Assessment Year2025

About this property

Making its debut to the market is this gorgeous 3BD/3.1BA home in highly sought-after Hunters Creek Village featuring an expansive, flexible layout, chic designer style, and charming outdoor space. To the right of the entry, entertain in the formal dining room with connectivity to the butler's pantry. Ahead, the oversized family room, with a wall of windows and a wet bar, connects to the chef's kitchen and breakfast room providing an open floorplan for easy family gatherings. The primary suite beckons with an ensuite spa bathroom complete with soaking tub, walk-in shower, and Philip Jeffries wallpapered walls. Two additional bedrooms, each with ensuite baths, provide ample accommodation. Step outside and discover an outdoor oasis with a year-round artificial turfed lawn, room for a pool, and loggia complete with outdoor kitchen and fireplace. The home also includes an office/flex room, laundry room, generator, mud room, and a gated driveway with two-car garage.

Investor Tools

Property Icon
$2,982,000
Estimated Property Value
$1,750,539Estimated Mortgage Balance
$1,231,461Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,892 /month
Positive
Cash Flow Estimate:
$5,964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,913/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,049
$2,382,900
2025
$1,310,565
$1,072,335
$2,382,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,049
$2,382,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Raymond James Bank Na
Conventional
$1,760,500
No
First
Dec 16, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,750,539
$1,241,461
41%
59%
$9,853/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$10,153/mo
$-7,633/mo
1.0%

Learn About the Market: Opportunity in Houston

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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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10611 Gawain Ln | Property Details | No Agent List