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$265,000

11902 Oakner Drive, Tomball, TX, 77377

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.01 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size4,543 sqft

Building Information

Year Built1994
Stories2
Garage Spaces2

Land Information

APN1143950080045
Lot Number45
SubdivisionWestbourne
Land UseResidential
Legal DescriptionLT 45 BLK 8 WESTBOURNE SEC 1 PAR R/P
Census Tract555504
Assessed Land Value$40,170
Assessed Improvement Value$222,104
Assessment Year2025

About this property

Don't Miss this FANTASTIC Investor Opportunity - TENANT OCCUPIED UNTUL 11/2026! Turnkey investment with tenants already in place, offering immediate rental income. This well-maintained 3-bedroom, 2.5-bath home features a functional layout and modern updates throughout. The first floor boasts durable luxury vinyl plank flooring and an updated kitchen with upgraded countertops, tile backsplash, and stainless steel appliances. All bedrooms are upstairs, including a spacious primary suite with dual sinks, ensuite bath, and walk-in closet. Enjoy a large covered patio and spacious backyard, plus an attached 2-car garage. Refrigerator, washer, and dryer included. Zoned to Tomball ISD with easy access to Hwy 249, TX-99, downtown Tomball, and Vintage Park. Perfect for investors seeking a low-maintenance, income-producing property.

Investor Tools

$227,920Estimated Mortgage Balance
$34,354Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Christi Priddy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,562
$262,274
2025
$40,170
$222,104
$262,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,562
$262,274

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$245,471
No
First
Aug 10, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,920
$34,354
13%
87%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$1,822/mo
+$388/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tomball

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11902 Oakner Drive | Property Details | No Agent List