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$341,800

12209 Derby Royal Dr, Houston, TX, 77044

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.47 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,418 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1463060010034
Lot Number34
Land UseResidential
Legal DescriptionLT 34 BLK 1 BALMORAL EAST SEC 2
Census Tract252001
Assessed Land Value$67,610
Assessed Improvement Value$274,190
Assessment Year2025

About this property

Brand New Juniper Floor Plan at Balmoral East! This 1-Story, 4 Bedroom, 3 Baths with Study is an Open Concept with Kitchen/Dining Combo featuring Corchia Granite Countertops, Linen Cabinets & Bright White Backsplash, Vinyl Plank Flooring in Main Areas & Silver Dollar Carpet in Bedrooms. The home includes an Extended Covered Patio, Sprinkler System, Full Sod & Garage Door Opener! Under Construction with Estimated Completion in November 2023.

Investor Tools

Property Icon
$341,800
Estimated Property Value
$357,990Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,901
$341,800
2025
$67,610
$274,190
$341,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,901
$341,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$357,990
No
First
Dec 29, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,760
N/A
0%
102%
$2,533/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$3,333/mo
$-1,173/mo
7.6%

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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12209 Derby Royal Dr | Property Details | No Agent List