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$235,000

NAL Estimated Property Value

11802 Sheridan Rd, Houston, TX, 77050

$256,617 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,891 Sq Ft
price_per_sqft$127.97 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringVinyl

Exterior

Lot Size15,599 sqft

Building Information

Year Built1982
Garage Spaces2

Land Information

APN1020190000235
Lot Number234,235
SubdivisionShadowlake Estates
Land UseResidential
Legal DescriptionLTS 234 & 235 BLK 13 SHADOWLAKE ESTATES SEC 2
Census Tract232000
Assessed Land Value$59,364
Assessed Improvement Value$148,390
Assessment Year2025

About this property

Traditional home situated on an oversized, corner lot. This home was custom built for the current owner and is available for sale for the first time. Conveniently located off E. Mt. Houston, this property features a first floor primary bedroom with en-suite. The galley kitchen overlooks the breakfast area and living area. An additional large room downstairs could be used as a family room or den. Upstairs are three additional bedrooms and a full bathroom. Matured trees line the backyard and provide ample shade!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$170,116Estimated Mortgage Balance
$64,884Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$256,616
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,506
$207,754
2025
$59,364
$148,390
$207,754
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,506
$207,754

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$178,500
No
First
Oct 19, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,116
$76,884
31%
72%
$1,071/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,071/mo
+$651/mo
8.8%

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.

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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11802 Sheridan Rd | Property Details | No Agent List