1012Days on Market

1view

$2,350

11507 Marrs Dr, Houston, TX, 77065

On Market

3 Beds

2 Bath

1,558 Sq Ft

Condos / Townhouses

$1.51 / sqft

Built in 1975

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Convection Oven, Gas Cooktop, Dryer, Refrigerator, Washer

FlooringTile

Exterior

Lot Size15,202 sqft

Building Information

Year Built1975

Stories1

Garage Spaces2

Land Information

APN1047490000012

Lot Number12

SubdivisionTower Oaks Meadows

Land UseResidential

Legal DescriptionLT 12 BLK 15 TOWER OAKS MEADOWS SEC 4

Census Tract552102

Assessed Land Value$106,640

Assessed Improvement Value$136,728

Assessment Year2025

About this property

Discover comfort and convenience in this charming 3-bedroom, 2-bath home on a spacious 0.35-acre lot in the peaceful Tower Oaks Meadows neighborhood. Featuring granite countertops, stainless steel appliances, and stylish tile and wood flooring, the home also boasts recent upgrades including a new roof, plumbing, HVAC, and double-pane windows. A cozy living area with high ceilings and a fireplace adds to the charm. Enjoy the large backyard with a covered patio, a sizable storage unit, and a powerful 22 KW Generac generator for peace of mind. With no back neighbors, an attached 2-car garage, and zoned to CFISD schools, this home offers both privacy and practicality in a prime location.

Investor Tools

$258,000

Estimated Property Value

$0Estimated Mortgage Balance

$258,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,548 /month

Positive

Cash Flow Estimate:

$516 /month

Interested in this property?

Juan Macedo

MRG Realty, LLC.

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$276/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,022

$243,368

2025

$106,640

$136,728

$243,368

Tax History

Year

Tax Paid

Assessed Value

2024

$2,022

$243,368

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$255,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,940/mo

N/A

+$1,940/mo

9.0%

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.

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