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$273,048

NAL Estimated Property Value

11659 Village Place Dr # 232, Houston, TX, 77077

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,157 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$115.9 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Oven, Microwave, Electric Range, Dryer, Washer, Dishwasher, Washer/Dryer, Refrigerator
FlooringCarpet, Tile, Wood

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1116450230002
SubdivisionVillage Place
Land UseResidential
Legal DescriptionUNIT 232 BLDG 23 VILLAGE PLACE
Census Tract451004
Assessed Land Value$45,000
Assessed Improvement Value$228,048
Assessment Year2025

About this property

Indulge yourself in luxurious townhome living nestled within the confines of this private community located within the Energy Corridor area. This immaculate 2-story residence situated across from the pool, features an expansive layout with 3 beds, 2.5 baths, both formals, a loft and is the largest floorplan in the community. Revel in the opulence of hardwood floors, complemented by meticulous updates including remodeled kitchen and baths, new kitchen appliances, insulated windows, new interior doors and PEX plumbing. This private oasis is highlighted by a custom deck featuring a luxurious hot tub, providing the ultimate sanctuary for relaxation. While every window is adorned with shutters and blinds, modern amenities such as a sprinkler system, recent hot water heater (2017) and AC (2022) ensure both privacy and peace of mind. Experience the perfect blend of comfort and style in this flood-free community, where every detail has been carefully curated to offer unparalleled refinement.

Investor Tools

Property Icon
$273,048
Estimated Property Value
$246,116Estimated Mortgage Balance
$26,932Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,613
$273,048
2025
$45,000
$228,048
$273,048
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,613
$273,048

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Fha
$255,290
Yes
First
May 6, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,116
$26,932
9%
90%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,926/mo
+$304/mo
9.8%

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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11659 Village Place Dr # 232 | Property Details | No Agent List