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$158,000

NAL Estimated Property Value

10611 Leitrim Way, Houston, TX, 77047

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,105 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.58 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesIndoor Grill

Exterior

Lot Size7,200 sqft

Building Information

Year Built1963
Stories1
Garage Spaces1

Land Information

APN0851030000045
Lot Number3,4
SubdivisionSouth Acres Estates
Land UseResidential
Legal DescriptionN 34.24 FT OF LT 3 & S 25.67 FT OF LT 4 BLK 4 SOUTH ACRES ESTATES SEC 5
Census Tract331501
Assessed Land Value$48,300
Assessed Improvement Value$75,675
Assessment Year2025

About this property

Fully renovated rental home in Houston! This move-in ready property features a completely updated kitchen, renovated bathroom(s), updated A/C system, fresh finishes throughout, and a spacious backyard. Conveniently located near major highways, shopping, and dining. A great opportunity to lease a beautifully updated home with modern amenities. Schedule your showing today!

Investor Tools

Property Icon
$158,000
Estimated Property Value
$123,920Estimated Mortgage Balance
$34,080Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$123,975
2025
$48,300
$75,675
$123,975
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$123,975

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$123,920
No
First
Jun 5, 2026
Jul 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,920
$34,080
21%
78%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
N/A
+$1,520/mo
11.5%

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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10611 Leitrim Way | Property Details | No Agent List