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$765,000

NAL Estimated Property Value

311 Reserve Ridge Dr, Huffman, TX, 77336

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,086 Sq Ft
price_per_sqft$247.89 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Wood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size1.09 acres

Building Information

Year Built2012
Garage Spaces2

Land Information

APN1243290020027
Lot Number27
SubdivisionCommons Of Lake Houston
Land UseResidential
Legal DescriptionLT 27 BLK 2 RESERVE OF THE COMMONS OF LAKE HOUSTON SEC 1 AMEND
Census Tract251600
Assessed Land Value$119,897
Assessed Improvement Value$486,008
Assessment Year2025

About this property

Welcome to luxury living in the prestigious Commons of Lake Houston! This stunning custom-built home is fully upgraded & designed for both comfort & elegance. The split floor plan features a luxurious primary retreat with double-headed walk-in shower, soaking tub, & large walk-in closet. The fabulous home office boasts a coffered ceiling with built-in bookcases, while double tray ceilings and crown molding accent the living spaces throughout. The newly updated kitchen showcases leathered quartzite counters, solid wood cabinets, farm sink & secondary vegetable island sink, double ovens, & gas cooktop. A large Game Room & half bath complete the private upstairs. Enjoy resort-style oasis built in 2021 outdoor living area complete with wood burning fireplace, outdoor kitchen, & gunite saltwater pool & hot tub. The 43x50 four-car garage/shop is the perfect place to park your boat or RV. The climate-controlled room with half bath & closet is perfect for a hobby space, gym or man cave.

Investor Tools

Property Icon
$765,000
Estimated Property Value
$688,987Estimated Mortgage Balance
$75,013Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,590 /month
Positive
Cash Flow Estimate:
$1,530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
$1,030/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,278
$605,905
2025
$119,897
$486,008
$605,905
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,278
$605,905

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$693,000
Yes
First
Jan 15, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$688,987
$75,013
9%
90%
$4,155/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,185/mo
$-3,463/mo
2.7%

Learn About the Market: Opportunity in Texas

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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.

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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: Huffman

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