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Owner Contacts

$410,146

NAL Estimated Property Value

11518 Aspenway Dr, Houston, TX, 77070

Off Market

3 Beds

2 Bath

2,753 Sq Ft

Single Family Residence

$101.71 / sqft

Built in 1992

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size7,349 sqft

Building Information

Year Built1992

Stories1

Garage Spaces2

Land Information

APN1150550020018

Lot Number18

SubdivisionLakewood Forest Patio Homes

Land UseResidential

Legal DescriptionLT 18 BLK 2 LAKEWOOD FOREST PATIO HOMES

Census Tract554302

Assessed Land Value$79,380

Assessed Improvement Value$330,766

Assessment Year2025

About this property

Stunning, beautiful brick patio home. COMPLETELY updated in last 3 years. Amazing curb appeal, professionally landscaped yard. Impressive entryway with iron gate and elegant double glass doors. The home has an open and fresh feel throughout with warm natural light from abundant windows. Off the foyer is a formal dining area to the right. To the left double glass doors lead to a study/home office or a 3rd bedroom. The spectacular kitchen area is PERFECT for family/entertaining. Granite countertops,tile backsplash, bar stool seating, wet bar and breakfast area. The centerpiece of the living room is the fireplace/mantle. Raised ceilings, oversized ceiling fan, built-ins, and 3 large arched windows create relaxing atmosphere. The master retreat features raised ceilings, sitting area, his/her granite vanities, walk in tub, separate glass shower and walk-in closet. A wonderful covered back patio with skylights overlooks the lancscaping/fountain. Home Generator. MUST SEE PATIO HOME!

Investor Tools

$410,146

Estimated Property Value

$231,629Estimated Mortgage Balance

$178,517Estimated Equity

43% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,461 /month

Positive

Cash Flow Estimate:

$820 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$439/month

$530/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,223

$410,146

2025

$79,380

$330,766

$410,146

Tax History

Year

Tax Paid

Assessed Value

2024

$3,223

$410,146

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Movement Mortgage

Conventional

$261,250

First

Jul 30, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$231,629

$178,517

43%

56%

$1,567/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,120/mo

$2,097/mo

+$23/mo

6.2%

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