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$323,748

NAL Estimated Property Value

12035 Paddock Way, Houston, TX, 77065

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,951 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.14 / sqft
Year BuiltBuilt in 1984

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, Gas Oven, Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size8,050 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN1148310040021
Lot Number21
SubdivisionSteeplechase
Land UseResidential
Legal DescriptionLT 21 BLK 4 STEEPLECHASE SEC 2 R/P
Census Tract552003
Assessed Land Value$66,394
Assessed Improvement Value$257,354
Assessment Year2025

About this property

Recently Upgraded, one story, 4 bedroom/2 bath home in the highly desirable Steeplechase neighborhood. This lovely home features a tile entry that opens to a living/dining combo. The kitchen features all new SS appliances, quartz countertops with tile back splash, and self-closing cabinets. Large master bedroom with laminate flooring and private bath that includes recently updated granite counters, and double sinks. Backyard features a patio deck with plenty of room to entertain. Upgrades not listed include: replaced water heater(2013), Zoned to Cy-Fair ISD and NO FLOODING!

Investor Tools

Property Icon
$323,748
Estimated Property Value
$219,110Estimated Mortgage Balance
$104,638Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,942 /month
Positive
Cash Flow Estimate:
$647 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,339
$323,748
2025
$66,394
$257,354
$323,748
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,339
$323,748

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$242,250
No
First
May 3, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,110
$104,638
32%
68%
$1,453/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$1,953/mo
+$547/mo
9.3%

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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12035 Paddock Way | Property Details | No Agent List