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$2,096,000

NAL Estimated Property Value

12102 Rip Van Winkle Dr, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,225 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$437.87 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,051 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN0845940000035
Lot Number35
SubdivisionMemorial Forest
Land UseResidential
Legal DescriptionLT 35 BLK 7 MEMORIAL FOREST SEC 1 R/P
Census Tract430700
Assessed Land Value$739,908
Assessed Improvement Value$1,210,092
Assessment Year2025

About this property

Stunning, updated home in Memorial Forest near Frostwood Elementary & Memorial Forest Club. Extensively renovated and updated interior/exterior 2021-2022. Light-filled with wide-plank, engineered natural hardwood floors on both levels; tall ceilings; banks of windows and thoughtfully designed floor plan. Formal dining room and stately study flank the grand entry. Open kitchen, living and breakfast gathering spaces with sweeping views of the serene backyard and pool. Remodeled kitchen with cabinets to the ceiling, eat-in island with double sided storage, 36” gas range and warming drawer. Butler’s pantry/bar has additional storage and beverage chiller. First floor primary suite has a sitting area with pool views, Quartz counters, marble flooring and shower surround. The decadent custom primary closet has pull down rods, built-ins and display shelves. The 2nd floor includes 4 large bedrooms with walk-in closets, game room overlooking the pool and two full bathrooms. Award winning schools!

Investor Tools

Property Icon
$2,096,000
Estimated Property Value
$1,820,151Estimated Mortgage Balance
$275,849Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,576 /month
Positive
Cash Flow Estimate:
$4,192 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,206/month
$478/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,988
$1,950,000
2025
$739,908
$1,210,092
$1,950,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,988
$1,950,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$1,852,500
No
First
Nov 25, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,820,151
$367,849
16%
87%
$11,552/mo

City: Houston

12102 Rip Van Winkle Dr | Property Details | No Agent List