33Days on Market

4view

$485,000

$499,000

11947 Fawnview Dr, Houston, TX, 77070

On Market

Price Drop

4 Beds

4 Bath

3,155 Sq Ft

$153.72 / sqft

Built in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Private Pool

Lot Size8,398 sqft

Building Information

Year Built1979

Stories2

Garage Spaces2

Land Information

APN1098880000011

Lot Number11

SubdivisionLakewood Forest

Land UseResidential

Legal DescriptionLT 11 BLK 17 LAKEWOOD FOREST SEC 8

Census Tract554302

Assessed Land Value$80,115

Assessed Improvement Value$227,767

Assessment Year2025

About this property

11947 Fawnview is a recently renovated & refurbished 3,155sqft home on an 8,400sqft lot w. a private pool, 4 bdrms, 3.5 baths, first floor primary, laundrette, formal dining & breakfast area, large living room w. an additional multipurpose gathering space. Located inside tranquil Lakewood Forest, anchored by a welcoming atmosphere, nearby recreational facilities & secured with neighborhood patrol. The home received a multitude of updates to major systems with extensive interior revisions including kitchen, primary bedroom, all bathrooms, new flooring throughout, LED lighting, windows, doors & more. Additional highlights include an oversized detached garage, gas-log fireplace, high ceilings, PEX plumbing, new appliance package w. fridge included. New Roof, New Water Heater, see attachments for full list of updates.

Investor Tools

$0Estimated Mortgage Balance

$485,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,910 /month

Positive

Cash Flow Estimate:

$970 /month

Interested in this property?

Nicholas Greer

Happen Houston

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$428/month

$750/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,706

$307,882

2025

$80,115

$227,767

$307,882

Tax History

Year

Tax Paid

Assessed Value

2024

$2,706

$307,882

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$499,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$750/mo

+$1,990/mo

6.8%

Learn About the Market: Opportunity in Houston

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