B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$302,000

NAL Estimated Property Value

11409 Waterford Spring Trl, Houston, TX, 77047

$309,415 ARV

Off Market

3 Beds

3 Bath

1,630 Sq Ft

Single Family Residence

$183.74 / sqft

Built in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size2,470 sqft

Building Information

Year Built2023

Garage Spaces1

Land Information

APN1456940070010

Lot Number10

Land UseResidential

Legal DescriptionLT 10 BLK 7 CLOVERDALE

Census Tract331502

Assessed Land Value$52,954

Assessed Improvement Value$237,381

Assessment Year2025

About this property

Discover this stunning new construction in the Cloverdale subdivision, just minutes from the Medical Center area. This 3-bedroom, 2.5-bathroom home offers an inviting open floor plan, perfect for modern living. The kitchen is a chef’s dream, featuring beautiful granite countertops throughout. Luxury vinyl flooring on the first floor provides both style and durability, while the second floor is highlighted by upgraded plush carpeting for maximum comfort. Enjoy privacy with a peaceful backyard perfect for relaxation or entertaining. With easy access to the Medical Center, downtown, and major highways, this home combines convenience, style, and comfort. Don’t miss the chance to make it yours!

Investor Tools

$302,000

Estimated Property Value

$209,344Estimated Mortgage Balance

$92,656Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$309,414

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,812 /month

Positive

Cash Flow Estimate:

$604 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$322/month

$1,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,350

$290,335

2025

$52,954

$237,381

$290,335

Tax History

Year

Tax Paid

Assessed Value

2024

$2,350

$290,335

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Champions Funding Llc

Building Or Construction Loan

$213,750

First

Mar 1, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$209,344

$92,656

30%

69%

$1,282/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,000/mo

$2,482/mo

$-482/mo

7.9%

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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