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$314,000

NAL Estimated Property Value

11617 Waldemar Dr, Houston, TX, 77077

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.08 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size2,126 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1395130010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 WALDEMAR T/H
Census Tract451003
Assessed Land Value$90,572
Assessed Improvement Value$3,136
Assessment Year2025

About this property

Don’t miss your chance to own this brand-new home with park views, nestled within an intimate gated enclave of just six homes offering privacy, security, and a low ~2.0% tax rate. Inside, a bright open-concept layout seamlessly connects the kitchen, dining, and living areas, featuring quartz countertops, stainless-steel appliances, and a refrigerator. Upstairs are the 3 bedrooms, a versatile flex space or home office, and a conveniently located utility room. Additional highlights include a Honeywell dual-zone climate system, an insulated two-car garage, and window blinds throughout. Enjoy direct views of Waldemar Park and a large, private green space within the community. Just minutes from the Energy Corridor, CityCentre, The Galleria, and a variety of restaurants, supermarkets, and daily conveniences, with quick access to Beltway 8, I-10, Highway 6, and the Westpark Tollway.

Investor Tools

Property Icon
$314,000
Estimated Property Value
$0Estimated Mortgage Balance
$314,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,961
$93,708
2025
$90,572
$3,136
$93,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,961
$93,708

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$314,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$75/mo
+$2,155/mo
8.5%

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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11617 Waldemar Dr | Property Details | No Agent List