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Owner Contacts

$248,377

NAL Estimated Property Value

11046 Caribbean Ln, Houston, TX, 77089

Off Market

3 Beds

2 Bath

1,320 Sq Ft

$178.03 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Gas Cooktop, Dishwasher, Dryer, Washer

FlooringLaminate

Exterior

Lot Size6,521 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN0966260000016

Lot Number16

SubdivisionBeverly Hills

Land UseResidential

Legal DescriptionLT 16 BLK 48 BEVERLY HILLS SEC 8

Census Tract334003

Assessed Land Value$51,826

Assessed Improvement Value$196,551

Assessment Year2025

About this property

Welcome to 11046 Caribbean Lane! This NEWLY remodeled home includes NEW flooring, NEW interior and exterior paint, NEW kitchen, NEW kitchen appliances, NEW bathrooms, NEW HVAC and NEW gutters! The flex room located in the front of the home can be used as a formal living room, playroom, office, exercise room..use it to meet your lifestyle needs! The open concept design includes high ceilings and a ceiling fan in the family room, large bay windows in the breakfast room and a semi-private kitchen. All kitchen appliances are brand NEW! The primary bedroom includes an exterior vanity area which can be used as a small office and an en-suite bathroom. Outside you fill find a large backyard with plenty of room to play or relax under the shade! Located near major roadways and highways, you will have easy access around Houston! Call to schedule your showing today!

Investor Tools

$248,377

Estimated Property Value

$223,629Estimated Mortgage Balance

$24,748Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,490 /month

Positive

Cash Flow Estimate:

$497 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$321/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,607

$248,377

2025

$51,826

$196,551

$248,377

Tax History

Year

Tax Paid

Assessed Value

2024

$2,607

$248,377

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

T2 Financial Llc

Fha

$227,156

Yes

First

Jun 2, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$223,629

$24,748

90%

$1,417/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,790/mo

$1,417/mo

+$373/mo

8.6%

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.

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