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$574,000

NAL Estimated Property Value

11314 Oak Spring Dr, Houston, TX, 77043

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.54 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size8,760 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APN0964140000006
Lot Number6
SubdivisionSherwood Oaks
Land UseResidential
Legal DescriptionLT 6 BLK 2 SHERWOOD OAKS
Census Tract543202
Assessed Land Value$196,574
Assessed Improvement Value$250,539
Assessment Year2025

About this property

BRAND NEW ROOF (installed Dec. 2021), flooring, interior paint, PEX plumbing, recessed lighting and LED fireplace, Spacious one story home with room for a study, dining and living area. The primary suite includes a renovated bathroom with jetted tub & separate shower, dual sinks, & walk-in closet. Guest bath is beautifully updated with dual sinks, granite counters. The eat-in kitchen is well equipped with granite counters, breakfast bar, SS appliances, soft closing drawers & cabinets, & plenty of storage space. The 400 sq f guest quarters/pool house (not included in house square footage) has a private full bath. Fenced backyard has covered patio, and converted detached garage guest quarters. 3 car attached carport for parking. Enjoy neighborhood amenities such as backdoor garbage pick up, private subdivision patrol security and a community pool. Close to Bear Creek Pioneers Park, schools and shopping, with easy access to I-10.

Investor Tools

Property Icon
$574,000
Estimated Property Value
$316,027Estimated Mortgage Balance
$257,973Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,444 /month
Positive
Cash Flow Estimate:
$1,148 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,815
$447,113
2025
$196,574
$250,539
$447,113
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,815
$447,113

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$341,600
No
First
May 13, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,027
$223,973
41%
55%
$2,049/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$2,749/mo
$-979/mo
3.7%

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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11314 Oak Spring Dr | Property Details | No Agent List