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Owner Contacts

$342,000

NAL Estimated Property Value

12218 Iris Hollow Way, Houston, TX, 77089

Off Market

3 Beds

2 Bath

2,283 Sq Ft

Single Family Residence

$1 / sqft

Built in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dryer, Washer, Dishwasher

Exterior

Lot Size5,942 sqft

Building Information

Year Built2007

Garage Spaces2

Land Information

APN1286000030005

Lot Number5

SubdivisionCollege Place

Land UseResidential

Legal DescriptionLT 5 BLK 3 COLLEGE PLACE SEC 3

Census Tract350500

Assessed Land Value$61,132

Assessed Improvement Value$273,547

Assessment Year2025

About this property

WELCOME TO YOUR DREAM HOME! THIS GORGEOUS TWO-STORY HOME FEATURES THREE BEDROOMS AND TWO AND A HALF BATHROOMS, WITH HIGH CEILINGS AND A FIREPLACE THAT ADD CHARM AND WARMTH. YOU WILL LOVE THE SPACIOUS BACKYARD THAT IS IDEAL FOR GARDENING ENTHUSIASTS, AND THE KITCHEN THAT HAS PLENTY OF CABINETS FOR ALL YOUR STORAGE NEEDS. THE MASTER BEDROOM IS CONVENIENTLY LOCATED ON THE FIRST FLOOR AND BOASTS A LARGE BATHROOM AND A WALK-IN CLOSET. THE SECOND FLOOR HAS A GAME ROOM THAT CAN EASILY BE TRANSFORMED INTO A FOURTH BEDROOM. THE LOCATION IS UNBEATABLE - CLOSE TO 45, HOSPITALS, SCHOOLS, SHOPPING CENTERS AND MUCH MORE. THIS HOME WON’T LAST LONG, SO HURRY AND SCHEDULE YOUR SHOWING TODAY!

Investor Tools

$342,000

Estimated Property Value

$0Estimated Mortgage Balance

$342,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,052 /month

Positive

Cash Flow Estimate:

$684 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$306/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,966

$334,679

2025

$61,132

$273,547

$334,679

Tax History

Year

Tax Paid

Assessed Value

2024

$1,966

$334,679

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$346,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,790/mo

N/A

+$1,790/mo

6.3%

Learn About the Market: Opportunity in Houston

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