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$107,523

NAL Estimated Property Value

12205 Lemon Ridge Ln, Houston, TX, 77035

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths784 Sq Ft
price_per_sqft$76.53 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Free-Standing Range, Washer/Dryer Stacked, Dishwasher, Washer/Dryer, Oven
FlooringTile

Exterior

Exterior FeaturesCourtyard
Lot Size1,133 sqft

Building Information

Year Built1980
Stories1

Land Information

APN0461710320002
SubdivisionFondren Southwest Tempos Apts
Land UseResidential
Legal DescriptionAPT 12205 BLDG 32 FONDREN SOUTHWEST TEMPOS APTS ABST 1071 D ELLIOT
Census Tract422304
Assessed Land Value$31,986
Assessed Improvement Value$75,537
Assessment Year2025

About this property

Come home to an established townhome community with so much to offer. This cute one-story condo does not have any upstairs neighbors. It is a corner location on a nice courtyard, so you only share a small portion of a wall with a neighbor! This home offers a cute patio with sliding doors off the living/dining area and the spacious bedroom. As you enter you are greeted with a flowing living/dining area with a fireplace, serving bar and plenty of natural light from the windows. The adorable kitchen has everything at your fingertips! It is open to the living area so you can visit with your guest while you prepare your gourmet dishes. Step into the bedroom with the en-suite bath that has access to the utility closet and kitchen. The bedroom has a pleasant view of the patio. This home is waiting for your personal touches, but at this price it will not last long. ADDITIONAL OCCUPIED UNIT FOR SALE ALSO.

Investor Tools

Property Icon
$107,523
Estimated Property Value
$0Estimated Mortgage Balance
$107,523Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$645 /month
Positive
Cash Flow Estimate:
$215 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
$332/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,868
$107,523
2025
$31,986
$75,537
$107,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,868
$107,523

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$107,523
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$332/mo
+$763/mo
12.2%

City: Houston

12205 Lemon Ridge Ln | Property Details | No Agent List