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$336,968

NAL Estimated Property Value

11507 Bay Cedar Drive, Houston, TX, 77048

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,875 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.28 / sqft

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringLaminate

Exterior

Lot Size5,719 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1011650000019
Lot Number19
SubdivisionKennedy Heights
Land UseResidential
Legal DescriptionLT 19 BLK 6 KENNEDY HEIGHTS
Census Tract331603
Assessed Land Value$45,760
Assessed Improvement Value$291,208
Assessment Year2025

About this property

Gorgeous New Construction! 3/4 bedroom, 2 full bath, 2 car garage home located in the Kennedy Heights community! Beautiful kitchen with granite counter tops, an island, stainless steel appliances, and tons of cabinet space! Open room concept for kitchen, living room, and dinning room. Laminate flooring. Home office/study that can be turned into a forth bedroom! Primary bedroom with en-suite bath has double sinks, walk-in closet with built-in shelves, and separate tub and shower. Utility room inside the house with extra cabinet storage. Fenced backyard has a covered patio (8x13), and the perfect size yard. Easy access to Sam Houston, 288, 610, etc. Minutes away from Urban Air, Studio Movie Grill, Pearland Town Center, and more! Call and make your appointment today!

Investor Tools

Property Icon
$336,968
Estimated Property Value
$256,330Estimated Mortgage Balance
$80,638Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,051
$336,968
2025
$45,760
$291,208
$336,968
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,051
$336,968

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$266,750
No
First
Mar 22, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,330
$80,638
23%
76%
$1,600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,600/mo
+$122/mo
6.1%

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.

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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11507 Bay Cedar Drive | Property Details | No Agent List