$155,000
11311 Mosscrest Dr, Houston, TX, 77048
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size4,761 sqft
Building Information
Year Built2007
Garage Spaces4
Land Information
APN1287330040003
Lot Number3
SubdivisionUmland Park
Land UseResidential
Legal DescriptionLT 3 BLK 4 UMLAND PARK SEC 2
Census Tract331603
Assessed Land Value$37,844
Assessed Improvement Value$138,266
Assessment Year2025
About this property
Perfect family home or investment property. Located in a small quiet community. Close to major freeways. Property conveniently located 10-15 mins to NRG, Downtown and Medical Center, as well as shopping and restaurants! Property is in City of Houston down payment assistance program area. Property being priced to consider some updates being done. Roof replaced in Nov 2024.
Investor Tools
$43,206Estimated Mortgage Balance
$132,904Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,057 /month
Positive
Cash Flow Estimate:
$352 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
$158/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,319
$176,110
2025
$37,844
$138,266
$176,110
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,319
$176,110
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Habitat For Humanity Inc
Seller Carryback / Seller Financing / Seller Take-Back
$81,000
No
First
Jul 3, 2008
Aug 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,206
$132,904
75%
25%
$486/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,970/mo
$644/mo
+$1,326/mo
13.4%
