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$1,244,000

NAL Estimated Property Value

1106 Bayou Island Drive, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths4,932 Sq Ft
price_per_sqft$294 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Wine Refrigerator, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Sprinkler System
Lot Size6,486 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1183320010015
Lot Number15
SubdivisionBayou Island Park Amend
Land UseResidential
Legal DescriptionLT 15 BLK 1 RES A1 BLK 2 BAYOU ISLAND PARK AMEND
Census Tract431002
Assessed Land Value$340,795
Assessed Improvement Value$808,384
Assessment Year2025

About this property

Custom built (and it shows!), elevator capable patio home in gated Bayou Island. Jewel box of the neighborhood on secluded, ravine setting. Zoned to Frostwood! Open floor plan offers it all – formal dining, breakfast nook, large family room, formal home office + hobby room/second office, upstairs game room/media room and large ensuite bedrooms. Family room and dining room flow effortlessly. Plantation shutters, hardwood floors, stunning architectural details… Kitchen is well-appointed with 100+ bottle wine fridge, in-counter steamer, gas cooktop, double ovens and butler’s pantry with ample storage. Spacious primary suite with cozy fireplace and balcony overlooking the pool. Spa-like bath has soaking tub, separate shower and custom outfitted closet. Huge utility room! Downstairs study could be 4th bedroom. Covered lanai overlooks the sparkling heated pool and spa.

Investor Tools

Property Icon
$1,244,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,244,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,386/month
$3,750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,407
$1,149,179
2025
$340,795
$808,384
$1,149,179
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,407
$1,149,179

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,244,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$3,750/mo
$-1,770/mo
1.9%

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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