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$247,000

NAL Estimated Property Value

12015 Champion Forest Dr, Houston, TX, 77066

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,078 Sq Ft
price_per_sqft$120.26 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,179 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1056880020013
SubdivisionGreenwood Forest 6 2nd Corr
Land UseResidential
Legal DescriptionTR 13 BLK 2 R/S RES L BLK 45 017*G6653070-000-002-013 GREENWOOD FOREST 6 2ND CORR
Census Tract551400
Assessed Land Value$43,661
Assessed Improvement Value$174,844
Assessment Year2025

About this property

Cute, cottage-home, well maintained, private patio home in the back of Greenwood Forest. Corner Unit with Circle Driveway for guest parking. Over-sized Two Bedroom Unit (optional 3rd bedroom) w/2nd Story Office/Gameroom Loft with a full bath that could be a third Bedroom. New paint. Beautiful Laminate Wood Plank flooring (throughout first floor, just installed), Two patios (one private), Three sets of Patio Double-Glass Doors. New Dishwasher and Stove in the Kitchen. Walking distance to Lutheran Church, Subdivision Walking Trail, Greenwood Forest Elementary, Wunderlich Intermediate and Klein Forest High School. Subdivision Pool, Large Clubhouse and Tennis courts.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$247,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
$560/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$227
$218,505
2025
$43,661
$174,844
$218,505
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$227
$218,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Klein Bank
Credit Line (Revolving) / Heloc
$5,000
No
First
N/A
Sep 2005

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$237,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$560/mo
+$1,340/mo
9.2%

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.

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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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12015 Champion Forest Dr | Property Details | No Agent List