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$147,387

NAL Estimated Property Value

12111 Lemon Ridge Lane 121, Houston, TX, 77035

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,196 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.46 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringVinyl

Exterior

Lot Size1,128 sqft

Building Information

Year Built1980
Stories2

Land Information

APN0461710060001
SubdivisionFondren Southwest Tempos Apts
Land UseResidential
Legal DescriptionAPT 12111 BLDG 6 FONDREN SOUTHWEST TEMPOS APTS ABST 1071 D ELLIOT
Census Tract422304
Assessed Land Value$31,977
Assessed Improvement Value$115,410
Assessment Year2025

About this property

Fully updated 2-story townhouse available for lease in a well-maintained Houston community. This move-in ready corner unit features new LVP flooring, a bright kitchen with quartz countertops, and new appliances including a range and dishwasher. The flexible layout offers 2 bedrooms and 2 full baths (one on each level), ideal for roommates or added privacy. An upstairs loft provides the perfect space for a home office or study. Enjoy a private patio and low-maintenance living surrounded by well-kept landscaping. Conveniently located near major roadways, shopping, and dining—ready for immediate move-in.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$61/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$147,387
2025
$31,977
$115,410
$147,387
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$147,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$100,000
No
First
Feb 13, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,421
$47,966
32%
67%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$600/mo
+$707/mo
10.6%

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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12111 Lemon Ridge Lane 121 | Property Details | No Agent List