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B+
NoAgentList RatingHow are grades calculated? Info

$267,906

11822 Tierra Palms Ct, Houston, TX, 77034

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,981 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.25 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,022 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1237510010043
Lot Number43
SubdivisionTierra Glen
Land UseResidential
Legal DescriptionLT 43 BLK 1 TIERRA GLEN SEC 3
Census Tract321102
Assessed Land Value$47,997
Assessed Improvement Value$219,909
Assessment Year2025

About this property

SPACIOUS 2 STORY HOME* 4 BEDROOMS* 2.5 BATHROOMS* LIVINGROOM,KITCHEN WITH DINING AREA, 2 CAR GARAGE ATTACHED* LARGE BACKYARD WITH PATIO** NO BACK NEIGHBORS, HUGE PARK BEHIND HOME WITH WALKING TRAILS. CONVENIENTLY LOCATED NEAR MAJOR FREEWAYS

Investor Tools

Property Icon
$267,906
Estimated Property Value
$390,000Estimated Mortgage Balance
$0Estimated Equity
-46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,607 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,277
$267,906
2025
$47,997
$219,909
$267,906
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,277
$267,906

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Bank
Commercial
$390,000
No
First
Mar 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,961
N/A
0%
143%
$2,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,639/mo
$-413/mo
10.0%

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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11822 Tierra Palms Ct | Property Details | No Agent List