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$400,000

NAL Estimated Property Value

12003 Advance Dr, Houston, TX, 77065

$449,720 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.35 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Oven, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size23,004 sqft

Building Information

Year Built1973
Stories1
Garage Spaces3

Land Information

APN0833340000122
Lot Number106
SubdivisionTower Oaks
Land UseResidential
Legal DescriptionE 1/2 OF LT 106 BLK G TOWER OAKS
Census Tract552402
Assessed Land Value$170,053
Assessed Improvement Value$212,300
Assessment Year2025

About this property

This beautiful half-acre property features a single-story brick home with updates. The home includes a charming dining room with engineered wood floors, bay windows, and ornate wood details. Adjacent to the dining room is an office that leads into the kitchen, which boasts stainless steel appliances, dual wall-mounted ovens, a large dual sided sink, custom wood cabinets, pull-outs in the pantry, and updated tile floors. The expansive family room, equipped with two ceiling fans and a wood-burning fireplace, provides access to all bedrooms. The primary bedroom features a spacious En suite with a jacuzzi tub, a 4-foot walk-in shower, dual sinks, and a walk-in closet. Additionally, the home includes two secondary bedrooms with a full bath. Noteworthy features of the home are a Generac generator installed two years ago, an updated well, Marvin double-pane windows, and added insulation. The backyard offers ample space for outdoor entertaining and activities.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$392,357Estimated Mortgage Balance
$7,643Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$449,719
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$167
$382,353
2025
$170,053
$212,300
$382,353
No

Tax History

Year
Tax Paid
Assessed Value
2024
$167
$382,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Henrietta Cavanaugh Ira
Unknown
$400,000
No
First
Apr 3, 2025
Apr 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,357
N/A
0%
98%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,499/mo
$-559/mo
5.8%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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12003 Advance Dr | Property Details | No Agent List