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$187,000

11523 Sabo Rd, Houston, TX, 77089

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,328 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$81.19 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1974
Stories2
Garage Spaces2

Land Information

APN1059750040002
SubdivisionSagemont Park T/H Ph 2 U/R
Land UseResidential
Legal DescriptionUNIT B BLDG 12 1/69 INT COMMON LAND & ELE SAGEMONT PARK T/H PH 2 U/R
Census Tract334002
Assessed Land Value$27,720
Assessed Improvement Value$146,986
Assessment Year2025

About this property

Discover this move-in ready townhome, perfectly situated in a vibrant, centrally located area next to AMC Gulf Pointe, Kroger, Home Depot & Sam Houston Toll. The property features nice exterior landscaping, welcoming you to a stylish open-concept interior. As you enter, a spacious den greets you with a large wet bar, ideal for entertaining. The adjacent dining area seamlessly flows into the kitchen, boasting ample storage, stainless steel appliances, granite countertops, and a generous serving bar. The expansive living room showcases a stunning wall of windows and a cozy stone fireplace, creating an inviting atmosphere. You’ll appreciate the oversized bedrooms and updated baths, offering comfort and style. The fenced backyard provides a perfect retreat for unwinding or entertaining guests. An oversized garage accommodates two cars with additional storage, while the community pool and park enhance the appeal of this fantastic property. Don’t miss your chance to make this gem your own!

Investor Tools

Property Icon
$187,000
Estimated Property Value
$183,657Estimated Mortgage Balance
$220Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,276
$174,706
2025
$27,720
$146,986
$174,706
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,276
$174,706

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Bank
Fha
$183,657
Yes
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,780
$2,220
1%
100%
$1,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,407/mo
+$913/mo
14.9%

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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11523 Sabo Rd | Property Details | No Agent List