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Days48Days on Market
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$189,999

12203 Cape Hyannis Drive, Houston, TX, 77048

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,433 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.59 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,353 sqft

Building Information

Year Built1976
Stories1
Garage Spaces1

Land Information

APN1081370000031
Lot Number31
SubdivisionKing Estates
Land UseResidential
Legal DescriptionLT 31 BLK 1 KING ESTATES SEC 2
Census Tract331603
Assessed Land Value$39,375
Assessed Improvement Value$132,641
Assessment Year2025

About this property

Spacious 4-bedroom home for lease on a desirable corner lot in Houston, offering a functional layout and generous outdoor space. Just off the entry, the formal dining room features a convenient pass-through to the kitchen. The kitchen is equipped with stainless steel appliances, including a refrigerator, and features a breakfast area with double doors that open to the expansive backyard. The spacious living room offers plenty of room to relax, while all four bedrooms are thoughtfully positioned along a central hallway for added privacy. The primary suite includes a private ensuite bath with a tub/shower combination. Outside, enjoy a large backyard with ample space for gardening, and play. A one-car garage adds convenience and additional storage. Easy access to Hobby Airport, just minutes from the University of Houston, Downtown Houston, the Texas Medical Center, H-E-B shopping, Hermann Park, with convenient connections to major highways, schools, dining, and employment hubs.

Investor Tools

$118,736Estimated Mortgage Balance
$95,264Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month

Interested in this property?

Jay Thomas

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$942
$172,016
2025
$39,375
$132,641
$172,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$942
$172,016

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$121,800
No
First
Jan 29, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,736
$95,264
44%
55%
$731/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$731/mo
+$1,495/mo
12.5%

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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