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$278,000

NAL Estimated Property Value

12103 Braesridge Dr, Houston, TX, 77071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,140 Sq Ft
price_per_sqft$130.84 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,475 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN1080470000001
Lot Number1
SubdivisionFondren Sw Southmeadow
Land UseResidential
Legal DescriptionLT 1 BLK 5 FONDREN SW SOUTHMEADOW SEC 2
Census Tract423401
Assessed Land Value$61,094
Assessed Improvement Value$199,701
Assessment Year2025

About this property

Exquisite remodeled home in Southmeadow featuring high foyer ceilings, new floors, and two-tone cabinetry in the kitchen with an island. Downstairs owner's suite includes a sitting area/office space and redone master bathroom. Upstairs offers two bedrooms, second bathroom, and spacious loft/game room. New carpet, fresh paint inside and out. This stunning property is move-in ready and awaiting its new owner.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$243,336Estimated Mortgage Balance
$34,664Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
$364/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,818
$260,795
2025
$61,094
$199,701
$260,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,818
$260,795

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$252,000
No
First
Jun 10, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,336
$31,664
11%
88%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,875/mo
$-153/mo
7.4%

City: Houston