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$1,200,000

211 Faust Lane, Houston, TX, 77024

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,698 Sq Ft
price_per_sqft$324.5 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size15,917 sqft

Building Information

Year Built1966
Stories2
Garage Spaces2

Land Information

APN0923670000014
Lot Number14
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionLT 14 BLK 1 MEMORIAL BEND SEC 4
Census Tract430900
Assessed Land Value$678,415
Assessed Improvement Value$433,437
Assessment Year2025

About this property

Ideally located in Memorial Bend, zoned to Spring Branch ISD and the prestigious Memorial High School, and just steps from Terry Hershey Park's world-class hike and bike trails, 211 Faust Lane checks every box for the discerning Houston buyer. This 5-bedroom, 3.5-bath traditional home offers 3,698 sq ft on a sprawling .365-acre lot with a fenced backyard and patio — plenty of room for a future pool. The primary suite on the second floor features a spacious sitting area ideal for a home office, nursery, or workout space, while two bedrooms downstairs, including one with an en-suite bath, offer flexible living arrangements for guests or multigenerational needs. Inside, enjoy soaring ceilings, hardwood floors, a gaslog fireplace, granite countertops, gas cooktop, and a kitchen that opens to the family room. This is Memorial living at its finest.

Investor Tools

$168,890Estimated Mortgage Balance
$1,413,110Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,492 /month
Positive
Cash Flow Estimate:
$3,164 /month

Interested in this property?

Jen Tran

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,354/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,340
$1,111,852
2025
$678,415
$433,437
$1,111,852
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,340
$1,111,852

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Credit Line (Revolving) / Heloc
$121,000
No
First
Feb 6, 2016
Feb 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,890
$1,413,110
89%
11%
$1,268/mo

City: Houston