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$260,000

NAL Estimated Property Value

11642 El Rubi Dr, Houston, TX, 77048

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,957 Sq Ft
price_per_sqft$109.3 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size4,182 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1406280040008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 4 EL TESORO SEC 3
Census Tract331602
Assessed Land Value$29,344
Assessed Improvement Value$220,323
Assessment Year2025

About this property

The Mesquite plan by LGI Homes at El Tesoro features 3 bedrooms, 2.5 bathrooms and an attached 2- car garage. This stunning home showcases a huge master suite with two walk-in closets and a spacious bathroom with a soaking tub and separate, step-in shower. Two additional bedrooms provide abundant closet space and are located near the 2nd full bathroom. Entertain family and friends on the main level of this home, which includes a large family room, separate dining room and a chef-ready kitchen!

Investor Tools

Property Icon
$260,000
Estimated Property Value
$186,098Estimated Mortgage Balance
$73,902Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,711
$249,667
2025
$29,344
$220,323
$249,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,711
$249,667

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Fha
$209,043
Yes
First
Sep 29, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,098
$81,902
30%
72%
$1,254/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,614/mo
+$108/mo
7.9%

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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11642 El Rubi Dr | Property Details | No Agent List