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$320,000

NAL Estimated Property Value

12120 Parade Park Pl, Houston, TX, 77047

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.99 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,637 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1377910050007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 5 CITY PARK SOUTH SEC 2
Census Tract330901
Assessed Land Value$50,697
Assessed Improvement Value$245,857
Assessment Year2025

About this property

Great location. Corner lot. Spacious beautiful 2 story brick rental home with modern tile, granite kitchen counter tops, stainless steel appliances including washer/dryer, large game area and double garage. Easy freeway access. Minutes from medical center, museum district, downtown, UT, Baylor, TSU, U of H, Reliant, Galleria and Pearland.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$154,840Estimated Mortgage Balance
$165,160Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,693
$296,554
2025
$50,697
$245,857
$296,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,693
$296,554

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Liberty Bank & Trust
Conventional
$175,000
No
First
Jun 18, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,840
$163,160
51%
48%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,050/mo
+$1,540/mo
9.7%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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12120 Parade Park Pl | Property Details | No Agent List