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$348,000

NAL Estimated Property Value

11355 Cascading Stream Way, Houston, TX, 77044

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.89 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,708 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1397870010018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 1 SHELDON RIDGE SEC 10
Census Tract252100
Assessed Land Value$41,849
Assessed Improvement Value$300,357
Assessment Year2025

About this property

Built in 2020 by Lake Ridge Builders, this two-story traditional offers over 2,700 sq ft of living space with a functional layout, including a formal dining room, spacious family room, and upstairs game room. The home features a large open kitchen, breakfast area, and primary suite on the first floor, plus three secondary bedrooms upstairs. The home is structurally solid and it could use a bit of cosmetic TLC – a perfect opportunity for a buyer looking to personalize and add value. Whether you're an investor or a homeowner ready to roll up your sleeves, this is your chance to own a newer home at a great price in a growing neighborhood. Conveniently located near Beltway 8 and Sheldon Road, with easy access to shopping, schools (Sheldon ISD), and major commuting routes. Sold as-is. Priced to reflect condition. Don’t miss out – schedule your tour today!

Investor Tools

Property Icon
$348,000
Estimated Property Value
$219,670Estimated Mortgage Balance
$128,330Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,511
$342,206
2025
$41,849
$300,357
$342,206
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,511
$342,206

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$250,346
Yes
First
Feb 14, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,670
$142,330
39%
63%
$1,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,846/mo
+$944/mo
9.6%

Learn About the Market: Opportunity in Houston

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Explore

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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11355 Cascading Stream Way | Property Details | No Agent List