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Owner Contacts

$483,000

11242 Velvet Grass Ln, Houston, TX, 77095

Off Market

5 Beds

4 Bath

3,928 Sq Ft

Single Family Residence

$134.93 / sqft

Built in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringCarpet, Slate, Tile

Exterior

Private 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

$483,000

Estimated Property Value

$362,000Estimated Mortgage Balance

$147,491Estimated Equity

25% 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

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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

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

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

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