$210,000
11806 Turtle Gate Dr, Houston, TX, 77070
Pending
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Ice Maker, Electric Oven, Electric Range, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size8,398 sqft
Building Information
Year Built1974
Stories1
Garage Spaces2
Land Information
APN1054340000015
Lot Number15
SubdivisionWoodedge Village
Land UseResidential
Legal DescriptionLT 15 BLK 11 WOODEDGE VILLAGE SEC 1
Census Tract552501
Assessed Land Value$73,185
Assessed Improvement Value$173,352
Assessment Year2025
About this property
Great investor opportunity! Property needs some updating and is being sold as-is. Features a lovely covered patio and no back neighbors for excellent privacy. Four bedrooms and huge family room with fireplace, Shutters throughout. Perfect project for a quick turnaround or a great addition to a rental portfolio. Please verify all room dimensions, schools, and taxes independently. Schedule all showings through ShowingTime.
Investor Tools
$11,886Estimated Mortgage Balance
$234,651Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,479 /month
Positive
Cash Flow Estimate:
$493 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
$525/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$258
$246,537
2025
$73,185
$173,352
$246,537
No
Tax History
Year
Tax Paid
Assessed Value
2024
$258
$246,537
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Source One Mortgage Corp
Fha
$65,064
Yes
First
Dec 28, 1999
Jan 2015
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$11,886
$252,114
95%
5%
$391/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$916/mo
+$1,824/mo
13.3%
