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$228,000

11819 Fairpoint Drive, Houston, TX, 77099

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.88 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,400 sqft

Building Information

Year Built1982
Stories1
Garage Spaces1

Land Information

APN1148530030005
Lot Number5
SubdivisionKeegans Glen
Land UseResidential
Legal DescriptionLT 5 BLK 3 KEEGANS GLEN SEC 6 R/P
Census Tract453403
Assessed Land Value$49,280
Assessed Improvement Value$154,852
Assessment Year2025

About this property

Great location near Beltway 8 and Hwy 59 south, just a few minutes from the energy corridor, The Galleria, Sugar Land, about 25 minutes from TMC, owner has taken good care of this home, it need just a bit of TLC, the property also has an extra room on the second floor, which is not included in the sq ft indicated on HAR.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$0Estimated Mortgage Balance
$31,622Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
$310/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,961
$204,132
2025
$49,280
$154,852
$204,132
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,961
$204,132

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$211,500
No
First
Jul 11, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,378
$31,622
13%
86%
$1,269/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,579/mo
+$143/mo
9.1%

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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11819 Fairpoint Drive | Property Details | No Agent List