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$137,000

NAL Estimated Property Value

12119 Lemon Ridge Lane 121, Houston, TX, 77035

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,244 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$104.5 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size1,119 sqft

Building Information

Year Built1980
Stories2

Land Information

APN0461710060005
SubdivisionFondren Southwest Tempos Apts
Land UseResidential
Legal DescriptionAPT 12119 BLDG 6 FONDREN SOUTHWEST TEMPOS APTS ABST 1071 D ELLIOT
Census Tract422304
Assessed Land Value$31,956
Assessed Improvement Value$102,352
Assessment Year2025

About this property

Welcome home to Cattails Townhouse Complex. This lovely home has 2 primary bedrooms and 2 full bathrooms. Clean and move-in ready. Interior paint just completed June/2023. Solar screens added to keep home cooler during hot summer days. Besides two primary bedrooms, it also has a bonus area upstairs that can be easily converted into an additional bedroom or an office/flex room. The primary bedroom down has a private outdoor area. A fireplace with high ceilings in the living/dining area and ample storage throughout. Washer, dryer and refrigerator included. Ideal for residency or investment

Investor Tools

Property Icon
$137,000
Estimated Property Value
$0Estimated Mortgage Balance
$137,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$822 /month
Positive
Cash Flow Estimate:
$274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
$333/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,620
$134,308
2025
$31,956
$102,352
$134,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,620
$134,308

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$137,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$333/mo
+$974/mo
11.4%

City: Houston

12119 Lemon Ridge Lane 121 | Property Details | No Agent List