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$446,000

NAL Estimated Property Value

11407 Faulkey Gully Ct, Houston, TX, 77070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,625 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.43 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Wine Refrigerator, Oven, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size13,277 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1190260050028
Lot Number28
SubdivisionLakewood Crossing
Land UseResidential
Legal DescriptionLT 28 BLK 5 LAKEWOOD CROSSING SEC 1
Census Tract554301
Assessed Land Value$96,634
Assessed Improvement Value$274,934
Assessment Year2025

About this property

Welcome HOME to 11407 Faulkey Gully Ct, where space and privacy come together on an oversized cul-de-sac lot surrounded by mature trees. This beautifully remodeled 3 bedroom, 2.5 bath home offers soaring ceilings, rich wood-look tile flooring, & an open layout designed for connection. The island kitchen features abundant cabinetry, SS appliances, & granite counters that flow seamlessly into the inviting family room, creating the perfect setting for everyday living & effortless entertaining. Retreat to a spa-inspired primary suite featuring a freestanding soaking tub, frameless glass shower, & custom walk-in closet. Upstairs offers flexible space for media, work, or play with a generous game room & two oversized secondary bedrooms. Step outside to your own backyard oasis with an extended covered patio, sparkling pool, & expansive green space. A detached garage adds privacy, extra parking, & storage flexibility. Thoughtful updates throughout make this home truly move-in ready.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$718,342Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
$520/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,674
$371,568
2025
$96,634
$274,934
$371,568
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,674
$371,568

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kristen Deanne Shepherd
Seller Carryback / Seller Financing / Seller Take-Back
$750,000
No
First
Jan 23, 2024
Feb 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$718,342
N/A
0%
161%
$4,497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$5,017/mo
$-2,277/mo
7.4%

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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11407 Faulkey Gully Ct | Property Details | No Agent List