1776Days on Market

1view

$389,900

11506 Faulkey Gully Cir, Houston, TX, 77070

On Market

3 Beds

2 Bath

2,124 Sq Ft

Single Family Residence

$183.57 / sqft

Built in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringTile

Exterior

Private Pool

Lot Size12,101 sqft

Building Information

Year Built1997

Garage Spaces2

Land Information

APN1190260040007

Lot Number7

SubdivisionLakewood Crossing

Land UseResidential

Legal DescriptionLT 7 BLK 4 LAKEWOOD CROSSING SEC 1

Census Tract554301

Assessed Land Value$95,430

Assessed Improvement Value$258,347

Assessment Year2025

About this property

Low Tax Rate 2.0. Dive into your own Backyard OASIS at a STUNNING RENOVATED GEM ON A CUL-DE-SAC! This home features a sparkling SWIMMING POOL and a extended patio, perfect to relax and unwind after a long day or host unforgettable gatherings. Welcome home, where modern elegance meets everyday comfort. Manicured curb appeal, and a long driveway leading to an oversize detached garage offer ample parking for family, guests, and hobbies. Step inside to an open-concept, single-level floor plan with high ceilings, abundant natural light, and designer finishes. The gourmet kitchen boasts sleek granite countertops and a Double-Drawer Beverage Refrigerator. Enjoy a formal dining room and a private home office/study. The primary suite offers a spa-inspired en-suite bath with double sinks and an oversize shower. The fully fenced backyard with a new fence (2021) and covered patio is perfect for weekend BBQs by the pool. Low water bills. Move-in ready!

Investor Tools

$240,624Estimated Mortgage Balance

$128,755Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,339 /month

Positive

Cash Flow Estimate:

$780 /month

Interested in this property?

Griselda Borrero

Keller Williams Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$399/month

$470/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,952

$353,777

2025

$95,430

$258,347

$353,777

Tax History

Year

Tax Paid

Assessed Value

2024

$2,952

$353,777

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Top One Mortgage

Conventional

$264,000

First

Sep 24, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$240,624

$126,376

34%

65%

$1,583/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,120/mo

$2,053/mo

+$67/mo

6.9%

Learn About the Market: Opportunity in Houston

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