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$374,764

NAL Estimated Property Value

11122 Braes Forest Drive, Houston, TX, 77071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,839 Sq Ft
price_per_sqft$114.48 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range, Dishwasher, Oven
FlooringTile, Vinyl

Exterior

Lot Size10,659 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1092710000005
Lot Number5
SubdivisionFondren Sw Northfield
Land UseResidential
Legal DescriptionLT 5 BLK 9 FONDREN SW NORTHFIELD SEC 4
Census Tract423304
Assessed Land Value$140,310
Assessed Improvement Value$234,454
Assessment Year2025

About this property

If you’ve been looking for space, value, and potential, this is it. This 1-story home in Brays Oaks offers 2,839 sq ft, 4 bedrooms, and a 10,658 sq ft lot, a rare combination at this price. Inside, you’ll find a functional layout with spacious living areas, a fireplace, and a versatile dining room that adapts to your needs. The detached 2-car garage and large lot add flexibility whether you plan to live in it, rent it, or renovate it. Major systems are functional and windows have been updated, giving you a solid starting point while leaving room to improve and build equity your way. For those ready to move in and make it their own, this is your chance to create a home that fits your lifestyle without overpaying. For long-term plans, the size, layout, and location support strong rental appeal, while the structure and footprint are ready to be elevated. Located in an established neighborhood and in a no flood zone, this opportunity won’t last—schedule your private showing today!

Investor Tools

Property Icon
$374,764
Estimated Property Value
$125,543Estimated Mortgage Balance
$249,221Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,249 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,386
$374,764
2025
$140,310
$234,454
$374,764
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,386
$374,764

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Mortgage Co
Conventional
$118,770
No
First
Oct 22, 2010
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,543
$249,221
66%
33%
$1,083/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,733/mo
+$493/mo
7.1%

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.

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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11122 Braes Forest Drive | Property Details | No Agent List