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Owner Contacts

$197,000

NAL Estimated Property Value

12114 Palmcrest St, Houston, TX, 77034

Off Market

3 Beds

1 Bath

978 Sq Ft

$203.48 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Electric Range, Dishwasher

Exterior

Lot Size7,802 sqft

Building Information

Year Built1955

Stories1

Garage Spaces1

Land Information

APN0825840000010

Lot Number10

SubdivisionGulf Palms

Land UseResidential

Legal DescriptionLT 10 BLK 5 GULF PALMS SEC 1

Census Tract321102

Assessed Land Value$45,180

Assessed Improvement Value$95,804

Assessment Year2025

About this property

Charming single-family home located in the established Gulf Palms subdivision. This traditional-style residence features a functional single-story layout with 3 bedrooms and 1 full bathroom. The interior offers full renovations kitchen and bathrooms with new floors, new windows, light fixtures, new paint and plenty more, including a central living area. Situated on a generous 7,800 square foot lot, the property includes a spacious backyard and an attached 1-car garage. The exterior is constructed with durable cement/concrete materials on a solid slab foundation. Conveniently located in the Southbelt-Ellington area with easy access to major highways and local amenities.

Investor Tools

$197,000

Estimated Property Value

$0Estimated Mortgage Balance

$197,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,194 /month

Positive

Cash Flow Estimate:

$398 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$254/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$140,984

2025

$45,180

$95,804

$140,984

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$140,984

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$197,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

10.5%

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