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$229,000

11111 Sageknight Dr, Houston, TX, 77089

$256,333 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.38 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Disposal

Exterior

Lot Size8,751 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1106510000006
Lot Number6
SubdivisionSagemeadow
Land UseResidential
Legal DescriptionLT 6 BLK 44 SAGEMEADOW SEC 5
Census Tract350104
Assessed Land Value$46,647
Assessed Improvement Value$218,024
Assessment Year2025

About this property

Welcome to 11111 Sageknight Drive, a spacious 4-bedroom, 2-bathroom home nestled in the established Sagemeadow neighborhood of Houston! Offering 2,056 square feet of living space, this single-story home features a traditional brick exterior, a fireplace, an attached garage, and a generously sized lot of approximately 8,750 square feet. With plenty of room to make it your own, this property presents an exciting opportunity for buyers looking to add their personal touches and create a space that truly feels like home. Conveniently located near shopping, dining, schools, and major roadways, this home offers both space and potential in an established residential community. Property is being sold as-is. This property is subject to a 30-day First Look Period set by HUD. During this time, the seller will only consider offers from owner-occupants, public entities, and designated non-profit organizations. Investor offers will be considered starting on November 28, 2026.

Investor Tools

$131,278Estimated Mortgage Balance
$133,393Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$256,333
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,588 /month
Positive
Cash Flow Estimate:
$529 /month

Interested in this property?

Meredith Taylor

Panther City Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$127/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$198
$264,671
2025
$46,647
$218,024
$264,671
No

Tax History

Year
Tax Paid
Assessed Value
2024
$198
$264,671

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security One Lending
Reverse Mortgage / Hecm
$192,000
No
First
Jan 12, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,278
$133,393
50%
50%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,610/mo
$1,152/mo
+$1,458/mo
11.8%

City: Houston

11111 Sageknight Dr | Property Details | No Agent List