Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$483,000

NAL Estimated Property Value

11242 Velvet Grass Ln, Houston, TX, 77095

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.93 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Slate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size12,223 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1204720030044
Lot Number44
SubdivisionStone Gate
Land UseResidential
Legal DescriptionLT 44 BLK 3 STONE GATE SEC 8
Census Tract541008
Assessed Land Value$78,306
Assessed Improvement Value$381,405
Assessment Year2025

About this property

WOW!! HUGE cul-de-sac lot, HEATED POOL and SPA, 5 bedrooms, media room, two bedrooms down, study, gated community, island kitchen, game room. SIMPLY BEAUTIFUL! Step into this grandiose home w/ massive living. Downstairs you'll find an oversized family room w/ high ceilings. A large formal dining room is perfect for entertaining. This kitchen is second to none! Gorgeous white cabinets, island, loads of cabinets (some glass front) & countertop space, gas or electric cooking. Breakfast bar & separate breakfast rm are perfect for quick mornings or family dinners. The study off the kitchen is the PERFECT workspace w/ custom built-ins. LOVE the plantation shutters that adorn the windows. HUGE primary suite w/ a private patio door leading to the private resort-style backyard. Big master bath w/ built-ins, separate tub & shower, his/her sinks & oversized closet. Upstairs you'll LOVE the HUGE bedrooms, two additional baths, media room & game room! Pool table negotiable. No flooding.

Investor Tools

Property Icon
$483,000
Estimated Property Value
$335,509Estimated Mortgage Balance
$147,491Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
$1,140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,949
$459,711
2025
$78,306
$381,405
$459,711
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,949
$459,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$362,000
No
First
Jun 28, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,509
$156,491
31%
69%
$2,171/mo

City: Houston

11242 Velvet Grass Ln | Property Details | No Agent List