$2,095
12034 Paddock Way, Houston, TX, 77065
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet
Exterior
Lot Size7,697 sqft
Building Information
Year Built1983
Stories1
Garage Spaces2
Land Information
APN1148310060030
Lot Number30
SubdivisionSteeplechase
Land UseResidential
Legal DescriptionLT 30 BLK 6 STEEPLECHASE SEC 2 R/P
Census Tract552003
Assessed Land Value$66,019
Assessed Improvement Value$208,779
Assessment Year2025
About this property
Immaculate, well maintained one story 4 bedroom home. Hard to find 2000+ square foot home offers formal and den with high ceilings and bright kitchen. Large owners retreat with oval tub and double sinks!
Investor Tools
$171,629Estimated Mortgage Balance
$143,371Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,830
$274,798
2025
$66,019
$208,779
$274,798
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,830
$274,798
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Unknown
$400,000
No
First
Jun 24, 2005
Feb 2008
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,629
$143,371
45%
54%
$2,399/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$2,399/mo
+$101/mo
9.5%
