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$186,292

NAL Estimated Property Value

12011 Bob White Dr, Houston, TX, 77035

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,807 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$82.46 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1150730290006
SubdivisionFondren Sw Place
Land UseResidential
Legal DescriptionTH 12011 BLDG 29 FONDREN SW PLACE SEC 2 T/H R/P
Census Tract422302
Assessed Land Value$42,000
Assessed Improvement Value$144,292
Assessment Year2025

About this property

This spacious 2-bedroom, 2.5-bath townhouse offers 1,807 square feet of comfortable living space, complete with a 2-car garage. Inside, soaring ceilings and an open-concept layout create an airy and inviting atmosphere. The main living and dining areas feature warm wood-look flooring and are filled with natural light from large windows because it is a corner unit. A cozy brick fireplace serves as a charming focal point in the living room. Upstairs, an open loft overlooks the main level and provides the perfect spot for a home office, playroom, or reading nook. Both generously sized bedrooms include private baths, offering comfort and privacy. Outside, the convenient guest parking and green common area beside the home add so much! With its smart layout, architectural character, and detached 2-car garage, this home is ideal for both everyday living and entertaining. The townhouse has been verified for FHA closing.

Investor Tools

Property Icon
$186,292
Estimated Property Value
$136,668Estimated Mortgage Balance
$49,624Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,118 /month
Positive
Cash Flow Estimate:
$373 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
$488/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,728
$186,292
2025
$42,000
$144,292
$186,292
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,728
$186,292

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Unknown
$137,464
No
First
Jan 16, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,668
$49,624
26%
73%
$825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,313/mo
$-6/mo
8.4%

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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12011 Bob White Dr | Property Details | No Agent List