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$406,000

NAL Estimated Property Value

11219 Royce Palms Dr, Houston, TX, 77042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,254 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.86 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Electric Oven, Oven, Electric Cooktop, Free-Standing Range
FlooringCarpet, Tile, Wood

Exterior

Lot Size3,311 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1228650010033
Lot Number33
SubdivisionRoyal Palms
Land UseResidential
Legal DescriptionLT 33 BLK 1 ROYAL PALMS SEC 2
Census Tract452202
Assessed Land Value$59,598
Assessed Improvement Value$277,357
Assessment Year2025

About this property

WOW! Great NEW price! This charming, hidden gem , 2 story brick home offers a wonderful sought after split plan!! The location is fabulous being that it's conveniently located close to Whole Foods, a variety of restaurants and many more desired amenities! The home features an open floor plan on the 2nd floor to include a huge living room with high ceiling and fireplace. There is also a formal dining room, spacious, granite laden, well equipped kitchen with large island and convenient desk niche or wine room/dry bar area. The living areas on 2nd floor are graced with gleaming hardwood flooring. The secondary bedrooms and lovely guest bath are on 2nd floor as well..The light, bright primary bedroom is privately nestled downstairs. This floor also includes the laundry room and a great game room or 2nd living area that has double French doors that lead out to your private, breezy, tiled outdoor living space and low maintenance yard. Be sure not to miss this one!!! Bring offer!

Investor Tools

Property Icon
$406,000
Estimated Property Value
$184,794Estimated Mortgage Balance
$221,206Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$845/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,345
$336,955
2025
$59,598
$277,357
$336,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,345
$336,955

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
Conventional
$208,000
No
First
Aug 14, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,794
$220,206
54%
46%
$1,248/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$2,093/mo
$-213/mo
5.6%

City: Houston

11219 Royce Palms Dr | Property Details | No Agent List