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$284,761

NAL Estimated Property Value

12022 Palmdale St, Houston, TX, 77034

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,682 Sq Ft
price_per_sqft$136.71 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,832 sqft

Building Information

Year Built1969
Stories1

Land Information

APN0933000000014
Lot Number14
SubdivisionGulf Palms
Land UseResidential
Legal DescriptionLT 14 BLK 23 GULF PALMS SEC 5
Census Tract321102
Assessed Land Value$45,198
Assessed Improvement Value$239,563
Assessment Year2025

About this property

Meticulously renovated 4-bedroom, 2.5 bathroom home that's ready for move-in! Step through the front door to an inviting living space seamlessly connected to the dining and kitchen area. The kitchen features ample cabinet space, pantry, and storage shelves. Indulge in the oversized primary suite, complete with a soaking tub/shower and a generously sized closet. The three additional bedrooms offer versatility, making one ideal for a home office while still providing plenty of room for the kids. Outside, enjoy the privacy of a large fenced-in backyard, perfect for family gatherings, or relaxing in your own retreat. This home has recently undergone significant updates, including new plumbing throughout, a brand-new AC system, New electrical panel, fresh insulation, and more. Don't let this opportunity slip away—make this beautifully renovated home yours today!

Investor Tools

Property Icon
$284,761
Estimated Property Value
$203,725Estimated Mortgage Balance
$81,036Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,726
$284,761
2025
$45,198
$239,563
$284,761
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,726
$284,761

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Fha
$212,354
Yes
First
Feb 12, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,725
$81,036
28%
72%
$1,274/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,274/mo
+$952/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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12022 Palmdale St | Property Details | No Agent List