2view

Owner Contacts

$536,202

NAL Estimated Property Value

12115 Dermott Dr, Houston, TX, 77065

Off Market

4 Beds

3 Bath

3,301 Sq Ft

$109.06 / sqft

Built in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Cooktop

FlooringLaminate, Tile

Exterior

Lot Size1.12 acres

Building Information

Year Built1963

Stories1

Garage Spaces6

Land Information

APN0833380000193

Lot Number193

SubdivisionTower Oaks

Land UseResidential

Legal DescriptionLT 193 BLK K TOWER OAKS

Census Tract552402

Assessed Land Value$247,101

Assessed Improvement Value$289,101

Assessment Year2025

About this property

Tower Oaks 1 story on 1.1 acres. This inviting ranch style home features a huge open kitchen with plenty of counter space and large center island. Recent stainless appliances, plethora of pantry space. Open formal dining flowing into the den. Enormous Game room in the back of the home with view and access to the backyard. Large master bedroom with fireplace and sitting area. Soaking tub with 2 master closets with tons of built ins. Light restrictions, horses allowed. Covered RV space with 110 outlet. Recent Roof 2017, AC replaced 2018 and Exterior paint and well water tank 2020. Master bathroom and Kitchen remodel 2014. Home did not flood per seller. Highly acclaimed Cy-Fair ISD.

Investor Tools

$536,202

Estimated Property Value

$299,291Estimated Mortgage Balance

$236,911Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,217 /month

Positive

Cash Flow Estimate:

$1,072 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$474/month

$80/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,010

$536,202

2025

$247,101

$289,101

$536,202

Tax History

Year

Tax Paid

Assessed Value

2024

$3,010

$536,202

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Caliber Home Loans Inc

Fha

$337,565

Yes

First

Jul 31, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$299,291

$236,911

44%

56%

$2,024/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,500/mo

$2,104/mo

+$396/mo

5.6%

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