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$399,500

21511 Rio Villa Drive S, Houston, TX, 77049

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.79 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Range

Exterior

Exterior FeaturesDock
Lot Size17,999 sqft

Building Information

Year Built2018

Land Information

APN1034340000025
Lot Number24,25
SubdivisionRio Villa
Land UseResidential
Legal DescriptionLTS 24 & 25 BLK 24 RIO VILLA SEC 5
Census Tract252602
Assessed Land Value$174,300
Assessed Improvement Value$273,892
Assessment Year2025

About this property

Charming 3 Bedrooms, 2full bath House with sunning lake view, this elevated property offers a relaxed coastal feel, Spacious living and dining areas open concept kitchen with lots a cabinet, enjoy the breathtaking lake views, the stilts provide an extra space for storage and parking, too much to mention, schedule your appointment today.

Investor Tools

$113,861Estimated Mortgage Balance
$334,331Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,689 /month
Positive
Cash Flow Estimate:
$896 /month

Interested in this property?

Moises Govea

Century 21 Garlington & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,815
$448,192
2025
$174,300
$273,892
$448,192
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,815
$448,192

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$138,300
No
First
Oct 4, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,861
$334,331
74%
25%
$830/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$980/mo
+$790/mo
4.7%

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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21511 Rio Villa Drive S | Property Details | No Agent List