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$250,000

NAL Estimated Property Value

12148 Stone East Dr, Houston, TX, 77035

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.23 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size4,112 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1141280030019
SubdivisionStones Throw
Land UseResidential
Legal DescriptionTRS 19 & 20A BLK 3 STONES THROW SEC 2 R/P
Census Tract420500
Assessed Land Value$57,540
Assessed Improvement Value$137,306
Assessment Year2025

About this property

Perfect starter home or downsizing home conveniently located to Med Center, Meyerland, Galleria, and Greenway Plaza. Brand new granite counter tops and garbage disposal. Spacious living room and primary bedroom. Garage was partially converted into third bedroom and utility room. Wrought iron front entry gate for private front door entry, large backyard, and storage shed. Very difficult to find something this close to everything in this price range. Easy to show.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$103,892Estimated Mortgage Balance
$146,108Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,077
$194,846
2025
$57,540
$137,306
$194,846
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,077
$194,846

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Uif Corp
Stand Alone Second / Subordinate Position
$116,000
No
First
Dec 10, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,892
$113,108
52%
42%
$696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$971/mo
+$336/mo
6.3%

Learn About the Market: Opportunity in Houston

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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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12148 Stone East Dr | Property Details | No Agent List