43Days on Market

1view

$495,000

12039 E Circle Dr, Houston, TX, 77071

On Market

4 Beds

4 Bath

3,298 Sq Ft

$150.09 / sqft

Built in 1982

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Double Oven, Microwave, Electric Cooktop, Dishwasher

FlooringTile, Vinyl, Wood

Exterior

Lot Size8,738 sqft

Building Information

Year Built1982

Stories2

Garage Spaces2

Land Information

APN1147800010039

Lot Number39

SubdivisionLakes Of Fondren Sw

Land UseResidential

Legal DescriptionLT 39 BLK 1 LAKES OF FONDREN SW

Census Tract423401

Assessed Land Value$85,800

Assessed Improvement Value$257,200

Assessment Year2025

About this property

Nestled in the tree-lined Lakes of Fondren SW subdivision, this beautiful 4-bed, 3.5-bath home blends soaring architecture with modern comfort. Vaulted ceilings and a dramatic brick fireplace anchor the living room; granite flooring (2001) flows into an Urban Designer kitchen remodel (2007) with custom cabinetry and stainless appliances. The main-floor primary suite offers a spa-like remodeled bath (2016) with soaking tub and walk-in shower. A pergola-covered deck, built-in outdoor kitchen, and Tesla charger complete the package. Major updates: new HVAC (2025), AC condenser (2023), roof (2021), water/UV filtration (2021), new chimney top (2017), and Leaf Filter gutters (2024). Enjoy peaceful, established surroundings with neighborhood walking trails, a central lake, playground, tennis courts, swimming pools and neighborhood security patrol.

Investor Tools

$0Estimated Mortgage Balance

$516,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,096 /month

Positive

Cash Flow Estimate:

$1,032 /month

Interested in this property?

Erin Kaplan

Compass RE Texas, LLC - Houston

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$262/month

$1,500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$560

$343,000

2025

$85,800

$257,200

$343,000

Tax History

Year

Tax Paid

Assessed Value

2024

$560

$343,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$516,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,500/mo

+$726/mo

5.2%

Learn About the Market: Opportunity in Houston

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 This Area