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Owner Contacts

$427,000

11414 Cedar Creek Dr, Houston, TX, 77077

$470,113 ARV

Off Market

3 Beds

3 Bath

3,052 Sq Ft

Single Family Residence

$153.34 / sqft

Built in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesConvection Oven, Double Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Cooktop

FlooringLaminate, Tile, Wood

Exterior

Lot Size9,400 sqft

Building Information

Year Built1978

Garage Spaces4

Land Information

APN1097020000010

Lot Number10

SubdivisionLakeside Place

Land UseResidential

Legal DescriptionLT 10 BLK 2 LAKESIDE PLACE SEC 5

Census Tract451100

Assessed Land Value$117,443

Assessed Improvement Value$275,018

Assessment Year2025

About this property

Huge Price reduction is your good fortune. This Wonderful home perfectly located in the Energy Corridor has been well maintained and is ready for move-in. Small back yard but a gorgeous atrium and patio to welcome nature and make a low maintenance yard for you to enjoy. The kitchen with stainless appliances, and natural lighting from the atrium. Square Footage reflects additions made by the sellers to include a upstairs bonus room, additional 1/2 bath, and drop zone at the back door entry that offers organized storage space. The spacious primary bedroom and custom dressing room provide a luxurious retreat. All windows have been updated to energy efficient low-E windows, drive-way was replaced, and updated with cement board siding are just a few of the updates This home offers a climate controlled workshop, and a generator for power outages. Village Place offers pool,park,tennis courts, and party room.Ask for the list of upgrades to this home/property too numerous to list here.

Investor Tools

$427,000

Estimated Property Value

$408,500Estimated Mortgage Balance

$21,462Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$470,113

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,808 /month

Positive

Cash Flow Estimate:

$936 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$347/month

$992/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,035

$392,461

2025

$117,443

$275,018

$392,461

Tax History

Year

Tax Paid

Assessed Value

2024

$2,035

$392,461

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

West One Capital Group Inc

Unknown

$408,500

First

Dec 18, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$405,538

$21,462

95%

$2,450/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$3,442/mo

$-1,212/mo

6.3%

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