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$300,000

11515 Inwood Dr, Houston, TX, 77077

$327,077 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,257 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.92 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size9,139 sqft

Building Information

Year Built1982
Stories2
Garage Spaces2

Land Information

APN1111700000037
Lot Number37
SubdivisionVillage West
Land UseResidential
Legal DescriptionLT 37 BLK 1 VILLAGE WEST SEC 3
Census Tract451006
Assessed Land Value$112,320
Assessed Improvement Value$284,459
Assessment Year2025

About this property

Investors, Here’s Your Opportunity! Big Potential, Prime Location, Endless Possibilities! The property needs significant repairs and updating, but with the right improvements, it has the potential to become something truly special. The versatile floor plan features a primary bedroom downstairs, three additional bedrooms upstairs, a dedicated home office, formal dining room, and millwork throughout that adds character and architectural appeal. The sizable backyard offers plenty of room to create an inviting outdoor living space, entertain guests, or design a private retreat. An oversized two-car garage provides ample space for parking and storage. With its desirable location, generous layout, and existing features, this property offers a wonderful opportunity to renovate, customize, and maximize its potential. Bring your contractor, envision the possibilities, and transform this diamond in the rough into a standout home in a fantastic neighborhood!

Investor Tools

$207,589Estimated Mortgage Balance
$189,190Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$327,077
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,381 /month
Positive
Cash Flow Estimate:
$794 /month

Interested in this property?

Aleisha Zapata

Richmond Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
$829/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,197
$396,779
2025
$112,320
$284,459
$396,779
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,197
$396,779

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$230,743
Yes
First
Jun 28, 2012
Jul 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,589
$189,190
47%
52%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,568/mo
$-338/mo
6.7%

City: Houston

11515 Inwood Dr | Property Details | No Agent List