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$312,874

12015 Forest Estates Dr, Houston, TX, 77066

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.31 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Cooktop, Dishwasher
FlooringLaminate, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,647 sqft

Building Information

Year Built1990
Stories2
Garage Spaces2

Land Information

APN1145100530020
Lot Number20
SubdivisionGreenwood Forest Estates
Land UseResidential
Legal DescriptionLT 20 BLK 53 017*G6653128-000-053-020 GREENWOOD FOREST ESTATES
Census Tract551202
Assessed Land Value$53,069
Assessed Improvement Value$259,805
Assessment Year2025

About this property

Home has never flooded and a Super Low Tax Rate!!! Don't miss out on this lovely Carpet Free Home with a spacious Pool and slide in the much desired Estates Section of Greenwood Forest. Bonus room could easily be a nursery or Office near the Primary Suite, all laminate flooring up. Stunning Island Kitchen, all hardwood floorings downstairs and a lovely fireplace for our chilly Winter nights. Get ready to Cool off this Summer in your recently resurfaced pool. Great Vibes will be had with color changing lights!

Investor Tools

Property Icon
$312,874
Estimated Property Value
$241,500Estimated Mortgage Balance
$89,453Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,973 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,125
$312,874
2025
$53,069
$259,805
$312,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,125
$312,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$241,500
No
First
May 6, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,421
$89,453
28%
71%
$1,448/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$1,798/mo
+$652/mo
9.4%

Learn About the Market: Opportunity in Houston

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Explore

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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12015 Forest Estates Dr | Property Details | No Agent List