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$376,342

11603 Vailrun Drive, Houston, TX, 77070

PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,556 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.06 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringTile

Exterior

Lot Size8,969 sqft

Building Information

Year Built1991
Stories1
Garage Spaces2

Land Information

APN1150550030024
Lot Number24
SubdivisionLakewood Forest Patio Homes
Land UseResidential
Legal DescriptionLT 24 BLK 3 LAKEWOOD FOREST PATIO HOMES
Census Tract554302
Assessed Land Value$81,131
Assessed Improvement Value$295,211
Assessment Year2025

About this property

Beautifully maintained one-story home on a desirable corner lot featuring a half-circle driveway and fantastic curb appeal! This 3-bedroom, 2.5-bath home offers a functional layout with both comfort and style. Inside, you'll find no carpet throughout, making for easy maintenance and a clean, modern feel. The home features a formal dining room, a dedicated home office, and a spacious living area centered around a cozy fireplace, perfect for relaxing or entertaining. The kitchen features updated appliances and flows easily into the main living spaces. The private primary suite includes dual sinks and dual walk-in closets. Located in a community zoned to Cy-Fair ISD, this property offers convenient access to shopping, dining, and everyday essentials. Residents enjoy great neighborhood amenities, including a pool, tennis courts, playground, mosquito control, and trash pickup. A wonderful opportunity to own a move-in-ready home in a well-established community!

Investor Tools

Property Icon
$376,342
Estimated Property Value
$0Estimated Mortgage Balance
$209,594Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,258 /month
Positive
Cash Flow Estimate:
$753 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,565
$376,342
2025
$81,131
$295,211
$376,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,565
$376,342

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$185,079
No
First
Apr 5, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,748
$209,594
55%
44%
$1,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,860/mo
+$260/mo
6.8%

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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11603 Vailrun Drive | Property Details | No Agent List