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B+
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Days102Days on Market
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$360,000

12206 Paddock Way, Houston, TX, 77065

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.13 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,983 sqft

Building Information

Year Built1991
Stories2
Garage Spaces1

Land Information

APN1148310100024
SubdivisionSteeplechase
Land UseResidential
Legal DescriptionTR 24 BLK 10 STEEPLECHASE SEC 2 R/P
Census Tract552003
Assessed Land Value$65,254
Assessed Improvement Value$311,647
Assessment Year2025

About this property

Welcome to this spacious 4 bedroom, 2.5 bath home with a 2 car garage located in the highly sought-after Steeplechase community. With all bedrooms upstairs, the home offers a smart and functional layout that maximizes living space downstairs for relaxing or entertaining. The kitchen features generous counter space and two pantries, providing plenty of storage and room to cook, gather, and entertain. Natural light fills the home, creating a bright and inviting atmosphere throughout. Step outside to enjoy the covered patio addition, perfect for outdoor dining, relaxing evenings, or hosting family and friends year round. The backyard space offers great potential for entertaining or creating your own outdoor retreat. Residents of Steeplechase enjoy excellent amenities including a clubhouse, tennis courts, and a community pool. Conveniently located near schools, shopping, dining, and major highways. Schedule your appointment today.

Investor Tools

Property Icon
$376,901
Estimated Property Value
$171,245Estimated Mortgage Balance
$234,197Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,261 /month
Positive
Cash Flow Estimate:
$754 /month

Interested in this property?

Emmanuel Bravo

Top Guns Realty on Lake Conroe

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
$685/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,873
$376,901
2025
$65,254
$311,647
$376,901
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,873
$376,901

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Lending Group Llc
Fha
$171,245
Yes
First
Apr 13, 2018
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,045
$233,856
62%
38%
$1,027/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$1,712/mo
+$788/mo
8.0%

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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12206 Paddock Way | Property Details | No Agent List