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$199,999

11625 Lakeside Park Dr, Houston, TX, 77077

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,276 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$156.74 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Tile, Vinyl

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1116450070003
SubdivisionVillage Place
Land UseResidential
Legal DescriptionUNIT 73 BLDG 7 VILLAGE PLACE
Census Tract451004
Assessed Land Value$45,000
Assessed Improvement Value$140,792
Assessment Year2025

About this property

This property qualifies for Grant to be used to buy down the interest rate. Come home to this charming 1 story 2 bedroom, 2 bath, 2 car garage, corner unit townhome in Village Place. Featuring a wood-burning fireplace, built-in shelving, wood and tile flooring, private back patio. The kitchen has granite countertops, tile brick backsplash, stainless steel appliances and, breakfast bar. Conveniently located near the Energy Corridor, restaurants, shopping and medical. Move in ready home. Perfect opportunity for investor or someone looking for a sound home that just needs some minor cosmetic updates. Foundation repaired with lifetime transferable warranty. Interior has been freshly painted. Washer, dryer, refrigerator, range can convey with home.

Investor Tools

$110,064Estimated Mortgage Balance
$102,936Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month

Interested in this property?

Patricia Doonan

Compass RE Texas, LLC - Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,989
$185,792
2025
$45,000
$140,792
$185,792
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,989
$185,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Conventional
$120,300
No
First
Nov 10, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,064
$102,936
48%
52%
$722/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,137/mo
+$553/mo
9.5%

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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11625 Lakeside Park Dr | Property Details | No Agent List