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$206,158

NAL Estimated Property Value

11516 Village Place Dr # 101, Houston, TX, 77077

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,276 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$180.25 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Oven
FlooringTile

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1116450100001
SubdivisionVillage Place
Land UseResidential
Legal DescriptionUNIT 101 BLDG 10 VILLAGE PLACE
Census Tract451004
Assessed Land Value$45,000
Assessed Improvement Value$161,158
Assessment Year2025

About this property

Tastefully remodeled townhome in the tree lined & peaceful neighborhood of Village Place. Plenty of natural light in this corner unit with updated energy efficient windows.  As you are invited in, discover the soaring high beam ceilings, wood-burning fireplace, & built-in shelving of the large living area with tile flooring throughout the home (no carpet).  The gourmet kitchen is a chef's delight w/ stainless steel appliances, glass cabinetry, granite countertops, and breakfast bar. Kitchen overlooks the private back patio area.  Primary bdrm offers ensuite bathroom w/ dbl sinks, walk-in closet, & luxurious walk-in shower. Secondary bedroom exits to the private back patio.  Interior has been freshly painted. Conveniently located near Energy Corridor, shopping, dining, Club Westside, & Beltway 8. Don’t miss out on this exceptional property!

Investor Tools

Property Icon
$206,158
Estimated Property Value
$71,190Estimated Mortgage Balance
$46,470Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,075
$206,158
2025
$45,000
$161,158
$206,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,075
$206,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prolending Mortgage Llc
Conventional
$93,750
No
First
Apr 14, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,190
$156,810
68%
35%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$415/mo
+$1,275/mo
9.8%

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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11516 Village Place Dr # 101 | Property Details | No Agent List