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Owner Contacts

$268,543

NAL Estimated Property Value

11418 Sagegrove Ln, Houston, TX, 77089

Off Market

3 Beds

2 Bath

1,732 Sq Ft

$126.96 / sqft

Built in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Free-Standing Range, Dishwasher, Oven

FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,148 sqft

Building Information

Year Built1968

Stories1

Garage Spaces2

Land Information

APN0974630000044

Lot Number44

SubdivisionSagemont

Land UseResidential

Legal DescriptionLT 44 BLK 17 SAGEMONT SEC 4

Census Tract350400

Assessed Land Value$42,090

Assessed Improvement Value$226,453

Assessment Year2025

About this property

CHARMING 3/2 UPDATED STARTER HOME. FRESH SCENT OF PAINT AS YOU MAKE YOUR WAY IN . NEW LAMINATE FLOORING BY ENTRY AND ALL WALKWAYS, INCLUDING LIVING, KITCHEN AND BREAKFAST ROOM RESPECTIVELY.STUDY ROOM IS UPON ENTRY TO THE LEFT. IT CAN ALSO SERVE AS A FORMAL DINING OR LIVING IF YOU SO DESIRE.KITCHEN HAS BEEN COMPLETELY REMODELED WITH ESPRESSO CABINETS WITH HARDWARE, GRANITE COUNTERS,STAINLESS STEEL APPLIANCES,NEW FAUCETS.IT OPENS TO THE SPACIOUS LIVING ROOM.THE REMODELED BATHROOMS HAVE NEW VANITIES, FAUCETS,TOILETS AND FIXTURES.THE ROOF IS JUST 4 YEARS OLD AND YOU WILL NOT HAVE TO WORRY ABOUT HIGH ELECTRIC BILLS AS NOT ONLY ALL WINDOWS HAVE BEEN REPLACED TO DOUBLE PANED WINDOWS, BUT HE A/C SYSTEM CONDENSER HAS ALSO BEEN REPLACED AND THE MODERN NEST THERMOSTAT ADDED.THE WATER HEATER IS RATHER NEW ALSO. THE SELLER ADDED FRENCH DRAINS AND DEEP GRAVEL GRAINS TO ELIMINATE ANY DRAINAGE ISSUES.HOME PRICED TO SELL

Investor Tools

$268,543

Estimated Property Value

$210,529Estimated Mortgage Balance

$58,014Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,611 /month

Positive

Cash Flow Estimate:

$537 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$352/month

$50/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,885

$268,543

2025

$42,090

$226,453

$268,543

Tax History

Year

Tax Paid

Assessed Value

2024

$2,885

$268,543

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Fha

$220,825

Yes

First

Jul 29, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$210,529

$58,014

21%

78%

$1,391/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,790/mo

$1,441/mo

+$349/mo

8.0%

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