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$295,000

1111 Cedar Shoals Rd, Houston, TX, 77062

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,849 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.91 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size6,111 sqft

Building Information

Year Built1986
Garage Spaces2

Land Information

APN1165180030018
Lot Number18
SubdivisionBay Glen
Land UseResidential
Legal DescriptionLT 18 BLK 3 BAY GLEN SEC 1
Census Tract340800
Assessed Land Value$74,799
Assessed Improvement Value$211,677
Assessment Year2025

About this property

Welcome to this 1 owner, NEVER flooded home with easy access to I-45 & Bay Oaks Country Club. Between 2016 and 2020 this home has been updated with ceramic tile flooring, crown molding, gutters, & a new dishwasher. The open living area features a gas fireplace, tons of natural light, & beautiful ceramic tile flooring throughout the home. The eat-in kitchen includes SS appliances, plenty of cabinet storage space, a dining table that stays with the home & tile flooring. The huge primary suite with an updated en-suite bath features a double sink, granite vanity with storage, jetted tub, frameless glass shower, and ceramic tile flooring. 2 additional bedrooms, a full bath, & a private office with french doors completes this home. Outback you can enjoy the fenced-in grass space & over 30 types of birds that visit the backyard.

Investor Tools

Property Icon
$295,000
Estimated Property Value
$253,326Estimated Mortgage Balance
$66,765Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,012
$286,476
2025
$74,799
$211,677
$286,476
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,012
$286,476

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$253,326
Yes
First
Mar 17, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,235
$65,765
22%
77%
$1,519/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,969/mo
$-247/mo
7.0%

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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1111 Cedar Shoals Rd | Property Details | No Agent List