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$300,000

NAL Estimated Property Value

11506 Main Elm Dr, Houston, TX, 77025

SoldInfo
8/05/26
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths2,042 Sq Ft
price_per_sqft$1.13 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,398 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1296510080018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 4 CONTEMPORARY MAIN PLAZA PAR R/P
Census Tract334101
Assessed Land Value$56,000
Assessed Improvement Value$244,000
Assessment Year2025

About this property

Gated community. Close to medical center, two bedrooms on the first floor, kitchen/living/dining rooms on second floor, and primary suite is on the third floor, huge walk-in closet in primary suite, double sinks, separate shower with frameless glass door, granite counter-top, extra study area, lots of guest parking spaces right in front of the unit, bus to medical center is just outside the complex, 10 minutes to medical center if you choose to drive, easy to get on 610 loop, 15 minutes to the Galleria, Rice University, 20 minutes to downtown Houston.... Landlord pays for water and trash. Never flooded!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,340
$300,000
2025
$56,000
$244,000
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,340
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tiger Loans Inc
Conventional
$213,600
No
First
May 21, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,820
$112,180
37%
63%
$1,281/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,281/mo
+$759/mo
8.2%

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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11506 Main Elm Dr | Property Details | No Agent List