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$1,850

12002 Palmway St, Houston, TX, 77034

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,583 Sq Ft
price_per_sqft$1.17 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher

Exterior

Lot Size7,802 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN0825820000001
Lot Number1
SubdivisionGulf Palms
Land UseResidential
Legal DescriptionLT 1 BLK 3 GULF PALMS SEC 1
Census Tract321102
Assessed Land Value$45,180
Assessed Improvement Value$124,711
Assessment Year2025

About this property

This charming 3 bedroom, 1 bathroom on the corner home features a spacious living area with an additional room perfect for a study. Enjoy the large backyard, ideal for outdoor entertaining.

Investor Tools

$113,918Estimated Mortgage Balance
$56,819Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

Interested in this property?

Vianey Nieto

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,869
$169,891
2025
$45,180
$124,711
$169,891
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,869
$169,891

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shell Fcu
Conventional
$114,750
No
First
Dec 1, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,918
$55,973
32%
67%
$688/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$688/mo
+$1,034/mo
12.2%

City: Houston