70Days on Market

1view

$319,000

11621 Waldemar Drive, Houston, TX, 77077

On Market

3 Beds

3 Bath

1,431 Sq Ft

Single Family Residence

$222.92 / sqft

Built in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesDisposal, Refrigerator Included, Electric Oven, Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher

FlooringCarpet, Tile, Vinyl Plank

Exterior

Exterior FeaturesBack Green Space, Side Yard, Sprinkler System

Lot Size1,973 sqft

Building Information

Year Built2019

Garage Spaces2

Land Information

APN1395130010004

Lot Number4

Land UseResidential

Legal DescriptionLT 4 BLK 1 WALDEMAR T/H

Census Tract451003

Assessed Land Value$89,673

Assessed Improvement Value$3,136

Assessment Year2025

About this property

Last new home available in this exclusive gated enclave of just six residences! Enjoy scenic park views, a low ~2.0% tax rate, and a bright open-concept layout with quartz countertops, stainless steel appliances, and refrigerator included. Upstairs features three bedrooms, a versatile flex space or home office, and a conveniently located utility room. Additional highlights include a Honeywell dual-zone HVAC system, 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

$0Estimated Mortgage Balance

$284,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,914 /month

Positive

Cash Flow Estimate:

$638 /month

Interested in this property?

Erin McKie

Corcoran Prestige Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$280/month

$75/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,942

$92,809

2025

$89,673

$3,136

$92,809

Tax History

Year

Tax Paid

Assessed Value

2024

$1,942

$92,809

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$284,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$75/mo

+$2,155/mo

9.4%

Learn About the Market: Opportunity in Houston

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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.

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