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B+
NoAgentList RatingHow are grades calculated? Info

$244,000

11027 Caribbean Ln, Houston, TX, 77089

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,582 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.94 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0966270000006
Lot Number6
SubdivisionBeverly Hills
Land UseResidential
Legal DescriptionLT 6 BLK 49 BEVERLY HILLS SEC 8
Census Tract334003
Assessed Land Value$51,975
Assessed Improvement Value$167,716
Assessment Year2025

About this property

This property is nestled between beltway 8 and Fuqua, just a short drive to shopping, dining and entertainment with easy access to major highways. Features are a sunken den and a split floor plan with primary bedroom on opposite side of home from secondary bedrooms. The backyard has been landscaped with rock walk way.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$110,000Estimated Mortgage Balance
$141,680Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,864
$219,691
2025
$51,975
$167,716
$219,691
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,864
$219,691

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$110,000
No
First
Aug 1, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,320
$148,680
59%
42%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$660/mo
+$1,660/mo
11.4%

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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11027 Caribbean Ln | Property Details | No Agent List