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$1,723,000

NAL Estimated Property Value

12218 Cobblestone Dr, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,261 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$458.45 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Ice Maker, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringLaminate, Stone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size11,421 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0845880000011
SubdivisionMemorial Forest
Land UseResidential
Legal DescriptionTRS 11A & 12A BLK 1 MEMORIAL FOREST SEC 1 R/P
Census Tract430700
Assessed Land Value$792,577
Assessed Improvement Value$872,761
Assessment Year2025

About this property

Stunning single story home located in Memorial Forest w great curb appeal. Steel front doors invite you into this extensively renovated 4 bedroom, 3.5 bathroom home with Andersen windows, vaulted ceiling in family room and 9' ceilings in foyer/formal dining room. Fully equipped kitchen w double ovens, gas cooktop, Scotsman ice maker, wine fridge, abundant storage, walk-in pantry and breakfast bar adjacent to spacious family room and breakfast nook. Impressive primary suite features en-suite bath w dual sinks, walk-in shower, free standing soaking tub and marble countertops. Private backyard is an entertainer's dream w/ outdoor covered patio with bar, sparkling pool w/ water feature & hot tub. Zoned to Bunker Hill Elementary, Memorial Middle & Memorial High School. Conveniently located w easy access to I-10 and Beltway 8, City Centre and Memorial City. All info "per seller".

Investor Tools

Property Icon
$1,723,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,723,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,338 /month
Positive
Cash Flow Estimate:
$3,446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,590/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,467
$1,665,338
2025
$792,577
$872,761
$1,665,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,467
$1,665,338

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,759,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$525/mo
+$2,725/mo
2.3%

City: Houston

12218 Cobblestone Dr | Property Details | No Agent List