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Owner Contacts

$360,000

NAL Estimated Property Value

11303 Blue Flax Trl Fl Ax, Houston, TX, 77044

Off Market

4 Beds

3 Bath

2,620 Sq Ft

$142.28 / sqft

Built in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Oven, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size5,863 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1442550010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 SHELDON RIDGE SEC 7

Census Tract252100

Assessed Land Value$41,131

Assessed Improvement Value$294,860

Assessment Year2025

About this property

Escape the city to this charming Lake Ridge Builders home in Sheldon Ridge. Nestled on a corner lot, this 3-sided brick home features a premium elevation, wrought iron spindles, faux wood blinds, a formal dining room, a study, a sprinkler system, and a covered patio. Impress your guests in the kitchen, equipped with granite countertops, tile backsplash, and 42” upper cabinets. The tranquil primary suite boasts dual vanities, a 42” tub, and a separate shower. Popular restaurants and shopping centers are only a short distance away, among the area’s stunning nature parks. Bush Intercontinental Airport and Downtown Houston are easily accessible via Hwy 90. Schools are zoned to the recognized Sheldon ISD. Don’t wait – call now!

Investor Tools

$360,000

Estimated Property Value

$361,631Estimated Mortgage Balance

$6,369Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,237 /month

Positive

Cash Flow Estimate:

$746 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$356/month

$345/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,472

$335,991

2025

$41,131

$294,860

$335,991

Tax History

Year

Tax Paid

Assessed Value

2024

$2,472

$335,991

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Fha

$352,575

Yes

First

Apr 29, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$361,631

$6,369

100%

$2,334/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,790/mo

$2,679/mo

+$111/mo

9.3%

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.

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