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$254,689

12042 Chelsea Elm Ct, Houston, TX, 77038

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,025 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.12 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size4,400 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN1288140020045
Lot Number45
SubdivisionWillow Springs
Land UseResidential
Legal DescriptionLT 45 BLK 2 WILLOW SPRINGS SEC 5
Census Tract533803
Assessed Land Value$43,560
Assessed Improvement Value$211,129
Assessment Year2025

About this property

Lovely, well kept two-story home featuring an open floor plan great for entertaining, a shaded front porch, and a huge backyard! The 1st floor offers tile throughout, the spacious living room, half bathroom, a dining area, and the kitchen with granite-look countertops and a nice breakfast bar! Upstairs holds the game room, utility room, and all three bedrooms including the master bedroom with an en-suite bathroom and a walk-in closet! This home is located on a cul-de-sac street with a nearby park, community pool, and easy access to Hwy 249, I-45, and Beltway 8!

Investor Tools

Property Icon
$254,689
Estimated Property Value
$176,000Estimated Mortgage Balance
$94,578Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,528 /month
Positive
Cash Flow Estimate:
$509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,294
$254,689
2025
$43,560
$211,129
$254,689
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,294
$254,689

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$176,000
No
First
Aug 10, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,111
$94,578
37%
63%
$1,056/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,506/mo
+$216/mo
8.1%

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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