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$1,697,000

12123 Pinerock Lane, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,562 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$322.85 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size10,502 sqft

Building Information

Year Built1958
Stories1
Garage Spaces2

Land Information

APN0921090000010
Lot Number10
SubdivisionMemorial Woods
Land UseResidential
Legal DescriptionLT 10 BLK 2 MEMORIAL WOODS SEC 2
Census Tract430700
Assessed Land Value$758,500
Assessed Improvement Value$732,742
Assessment Year2025

About this property

Stunning 5 bedroom home on a cul-de-sac street East of Plantation! Charming curb appeal with lush landscaping coupled with updates throughout the home. Large kitchen island is open to living room with raised ceilings. Perfect for entertaining! High end updates in the kitchen including Quartzite countertops and backsplash of subway and hand painted tile. 3 bedrooms downstairs (one currently used as an office). Hallway lined with closets - plenty of storage space! Luxurious master suite with raised ceilings, separate tub and shower and a large walk-in closet. 2005 addition included the second story addition of 2 bedrooms, a gameroom and a full bathroom. Large mudroom with plenty of storage and locker space. Recent driveway and concrete pads in the front of the house. Backyard features beautiful pergola covering slate flooring while still featuring plenty of green space. Wonderful home zoned to SBISD schools! (Buyer to verify school information) Close proximity to Memorial Forest Club.

Investor Tools

Property Icon
$1,697,000
Estimated Property Value
$0Estimated Mortgage Balance
$859,858Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,182 /month
Positive
Cash Flow Estimate:
$3,394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,582/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,503
$1,491,242
2025
$758,500
$732,742
$1,491,242
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,503
$1,491,242

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$915,000
No
First
Nov 17, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$837,142
$859,858
50%
49%
$5,486/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$5,836/mo
$-2,586/mo
2.3%

Learn About the Market: Opportunity in Houston

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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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12123 Pinerock Lane | Property Details | No Agent List