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$227,800

12019 Kings Grove Drive, Houston, TX, 77044

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,239 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.86 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesElectric Oven, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size6,826 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1107890000020
Lot Number20,21
SubdivisionKings Lake Forest
Land UseResidential
Legal DescriptionLT 20 & E 7 FT OF LT 21 BLK 3 KINGS LAKE FOREST SEC 1 R/P
Census Tract232303
Assessed Land Value$47,239
Assessed Improvement Value$152,926
Assessment Year2025

About this property

GREAT HOME LOCATED IN HOUSTON'S FASTEST GROWING AREA - GENERATION PARK / LAKE HOUSTON! HONEY STOP THE CAR! BEAUTIFUL HOUSE!!! GREAT FOUR BEDROOM, TWO FULL BATH HOME, NEW ROOF INSTALLED MAY 2023, FULLY REMODELED AND FRESHLY PAINTED OCTOBER 2024, GREAT RESIDENTIAL SUBDIVISION, IDEAL FOR FAMILY LIFE, SHELDON ISD, EXCELLENT VALUE AT THIS PRICE, FRESHLY PAINTED, TILE FLOORING, CLEAN AND BEAUTIFUL HOUSE, UTILITY ROOM IN-HOUSE, EXTRA LARGE YARD, CLOSE TO SHOPPING, FINE RESTAURANTS, EZ ACCESS TO FREEWAYS, AND MUCH MORE. PLENTY OF NEW CONSTRUCTION IN AREA, EXPERIENCING RAPID PROPERTIES' VALUE APPRECIATION, LOTS OF COMMERCIAL AND RESIDENTIAL NEW CONSTRUCTION IN AREA. THIS ONE IS A MUST SEE!!! CALL AGENT NOW!!!

Investor Tools

$34,999Estimated Mortgage Balance
$191,001Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,367 /month
Positive
Cash Flow Estimate:
$456 /month

Interested in this property?

Mario Romero

R3 Yes! Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,633
$200,165
2025
$47,239
$152,926
$200,165
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,633
$200,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Community Bank Na
Unknown
$50,000
No
First
Feb 12, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,999
$191,001
84%
15%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$400/mo
+$2,390/mo
14.8%

City: Houston

12019 Kings Grove Drive | Property Details | No Agent List