Last 24 Hours
$299,000
11506 Cherry Point Dr, Mont Belvieu, TX, 77535
$388,700 ARV
On Market
Just Added
3 Beds
2 Bath
2,286 Sq Ft
Single Family Residence
$130.8 / sqft
Built in 1972Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesDouble Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringVinyl Plank
Exterior
Private PoolLot Size1 acre
Building Information
Garage Spaces5
Land Information
APN21000-00489-00000-002400
SubdivisionCherry Point
Land UseResidential
Legal Description24 CHERRY POINT
Census Tract710100
Assessed Land Value$75,020
Assessed Improvement Value$357,200
Assessment Year2025
About this property
Located in Cherry Point, this property presents an excellent opportunity in a great area. Situated on just over an acre, with an in ground pool and an impressive two car AND three car garage, this home has an existing layout that provides a solid foundation for renovation, making this a property with plenty of potential. Conveniently located near shopping, dining, coveted Barbers Hill ISD schools, and major roadways, the location adds to the desirability. Please note that this home does need major renovation and best suited for a cash buyer.
Investor Tools
$0Estimated Mortgage Balance
$468,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$388,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$147
$432,220
2025
$75,020
$357,200
$432,220
No
Tax History
Year
Tax Paid
Assessed Value
2023
$147
$432,220
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$468,000
100%
0%
$0/mo
12.4%