My 2011 Exped 5.4L is overheating. it's now my 17yo's daily driver. He lives at home. Was going to replace the thermostat but first wanted to diagnose.
I started the vehicle and watched it warm up. It took quite a while before the fans came on. The gauge showed temp a little past halfway. Took it for a drive and as soon as we got going, the temp climbed fast until it maxed out. Then the temp warning light came on. We stopped and I found that the top radiator hose was indeed hot. (It was cold prior to leaving the house, with the fans running and engine hot.) Note that while driving, and the temp gauge maxed out, I turned on the heat in the cabin at max with max fan speed. The air was not hot.
Got home, turned it off, popped the hood, and heard hissing and bubbling coming from the engine bay. I looked and the coolant is leaking from BELOW THE THERMOSTAT HOUSING. (see photo).
At the moment, I'm considering replacing the thermostat to see what the effect is. However, I don't truly know what's going on. I feel the leak is at the gasket below the thermostat housing. Thus, it has been comprimised and therefore needs replacing.
Is there a chance that the thermostat is almost non-functional, causing pressure buildup below it - on the engine side?
Any help or suggestions would be appreciated. Thanks so much for looking.
Photo: The coolant is coming out near the GREEN LINE.

I believe the leaking is where Part #12 meets the gasket, number 13 (right-hand #13)

Terminology: there seems to be conflicting info online as to what the parts are called. I call the piece above thermostat the water outlet. The piece that the thermostat is nested in is called the thermostat housing. However, I've also seen it called the water bypass pipe.

I started the vehicle and watched it warm up. It took quite a while before the fans came on. The gauge showed temp a little past halfway. Took it for a drive and as soon as we got going, the temp climbed fast until it maxed out. Then the temp warning light came on. We stopped and I found that the top radiator hose was indeed hot. (It was cold prior to leaving the house, with the fans running and engine hot.) Note that while driving, and the temp gauge maxed out, I turned on the heat in the cabin at max with max fan speed. The air was not hot.
Got home, turned it off, popped the hood, and heard hissing and bubbling coming from the engine bay. I looked and the coolant is leaking from BELOW THE THERMOSTAT HOUSING. (see photo).
At the moment, I'm considering replacing the thermostat to see what the effect is. However, I don't truly know what's going on. I feel the leak is at the gasket below the thermostat housing. Thus, it has been comprimised and therefore needs replacing.
Is there a chance that the thermostat is almost non-functional, causing pressure buildup below it - on the engine side?
Any help or suggestions would be appreciated. Thanks so much for looking.
Photo: The coolant is coming out near the GREEN LINE.

I believe the leaking is where Part #12 meets the gasket, number 13 (right-hand #13)

Terminology: there seems to be conflicting info online as to what the parts are called. I call the piece above thermostat the water outlet. The piece that the thermostat is nested in is called the thermostat housing. However, I've also seen it called the water bypass pipe.
