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$199,900

12210 Lambeth Palace Dr, Houston, TX, 77066

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,108 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.42 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Range, Dishwasher

Exterior

Lot Size5,776 sqft

Building Information

Year Built1979
Garage Spaces1

Land Information

APN1144400030043
Lot Number43
SubdivisionNorthcliffe Manor
Land UseResidential
Legal DescriptionLT 43 BLK 3 NORTHCLIFFE MANOR SEC 1
Census Tract550901
Assessed Land Value$33,206
Assessed Improvement Value$130,371
Assessment Year2025

About this property

Beautifully renovated 3-bedroom, 2-bath brick home offering peace of mind with a long list of major updates, including a new roof, new water heater, and new electrical panel. Inside, fresh interior paint and freshly painted cabinets brighten the entire home, complemented by new LVP flooring and new carpet throughout. The updated kitchen shines with crisp white cabinetry, a new range, and stylish new light fixtures, opening seamlessly to a bright living area with a sliding glass door overlooking the backyard. The primary suite offers a private en-suite bath, while a second full bathroom with grab bars for added safety serves the additional bedrooms. Step outside to a spacious, fenced backyard perfect for entertaining or relaxing. With so many big-ticket updates already completed, this move-in-ready home is a fantastic opportunity for its next owner.

Investor Tools

$111,305Estimated Mortgage Balance
$75,695Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Stephen Metarelis

Offerpad Brokerage, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,828
$163,577
2025
$33,206
$130,371
$163,577
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,828
$163,577

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$123,300
No
First
Jul 17, 2021
Aug 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,305
$75,695
40%
60%
$740/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$1,015/mo
+$885/mo
12.2%

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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