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$275,000

12202 Mardi Gras Dr, Houston, TX, 77014

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,289 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.14 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Lot Size7,401 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1214720030065
Lot Number65
SubdivisionSilverglen West
Land UseResidential
Legal DescriptionLT 65 BLK 3 SILVERGLEN WEST SEC 1
Census Tract550404
Assessed Land Value$52,572
Assessed Improvement Value$214,457
Assessment Year2025

About this property

Welcome to this beautifully maintained 4 bedroom, 2.5 bath home offering a spacious and functional floor plan with stylish updates throughout. The family room features vaulted ceilings, a cozy fireplace, and an open layout that flows effortlessly into the formal dining room and breakfast area. The kitchen is equipped with granite countertops, a refrigerator, and ample cabinet and counter space for all your cooking needs. The first-floor primary suite provides a private retreat with dual sinks, a separate soaking tub and shower, and two walk-in closets. Upstairs, you'll find three secondary bedrooms, a full bath, and a game room. Additional features include LVP flooring throughout the home, NO CARPET! In-home utility room, a two-car garage, a large covered back patio for relaxing or entertaining, and a storage shed for added convenience. This home combines comfort, style, and functionality with everything you need, all in one!

Investor Tools

$68,283Estimated Mortgage Balance
$202,717Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Paige Houston

Texas Real Estate Pro

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,937
$267,029
2025
$52,572
$214,457
$267,029
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,937
$267,029

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexbank Ssb
Fha
$117,727
Yes
First
Aug 28, 2009
Sep 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,283
$202,717
74%
25%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$480/mo
+$1,746/mo
9.9%

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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12202 Mardi Gras Dr | Property Details | No Agent List