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$1,481,000

NAL Estimated Property Value

12211 Overcup Dr, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,972 Sq Ft
price_per_sqft$284.32 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size9,396 sqft

Building Information

Year Built1958
Garage Spaces2

Land Information

APN0845900000003
Lot Number3
SubdivisionMemorial Forest
Land UseResidential
Legal DescriptionLT 3 BLK 3 MEMORIAL FOREST SEC 1 R/P
Census Tract430700
Assessed Land Value$730,069
Assessed Improvement Value$604,295
Assessment Year2025

About this property

This is a terrific opportunity for a wonderful home in the highly desirable Memorial Forest subdivision. This classic traditional home has been lovingly maintained with many updates. The floor plan offers a hard to find 2 bedrooms and 2 1/2 baths down and 2 bedrooms and one bath up. The first floor has a gracious formal dining room, huge living room with woodburning/gas fireplace, paneled den/family room, charming kitchen and sunny breakfast room. There is abundant storage with numerous built-ins and closets galore. Hardwood floors throughout, ceiling fans. Lovely landscaping surrounding the spacious back lawn and brick patio. Such a convenient location close to 1-10, Beltway 8, City Centre and Memorial City. Zoned to exemplary Spring Branch Schools.

Investor Tools

Property Icon
$1,481,000
Estimated Property Value
$586,364Estimated Mortgage Balance
$894,636Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,886 /month
Positive
Cash Flow Estimate:
$2,962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,426/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,712
$1,334,364
2025
$730,069
$604,295
$1,334,364
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,712
$1,334,364

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$660,000
No
First
Aug 13, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$586,364
$855,636
59%
40%
$3,958/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$4,308/mo
$-1,058/mo
2.6%

City: Houston

12211 Overcup Dr | Property Details | No Agent List