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Owner Contacts

$223,000

12218 Oldenburg Ln, Houston, TX, 77065

Off Market

3 Beds

2 Bath

1,292 Sq Ft

Single Family Residence

$174.15 / sqft

Built in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,998 sqft

Building Information

Year Built1984

Stories1

Garage Spaces2

Land Information

APN1148330100011

Lot Number11

SubdivisionSteeplechase

Land UseResidential

Legal DescriptionLT 11 BLK 10 STEEPLECHASE SEC 4

Census Tract552004

Assessed Land Value$64,200

Assessed Improvement Value$149,577

Assessment Year2025

About this property

Charming one-story 3-bedroom, 2-bathroom home nestled in the highly sought-after Steeplechase Subdivision. The floor plan seamlessly connects the living room, dining area, and kitchen, creating a spacious and functional living space. Spacious backyard and exceptional neighborhood amenities, including a clubhouse, tennis courts, a junior Olympic-sized pool, three parks, and a walking trail, provide endless opportunities. The location of this home is truly unbeatable, offering convenient access to BELTWAY 8 and HWY 290, making your daily commute a breeze and granting you easy access to the best shopping, dining, and entertainment options the area has to offer.

Investor Tools

$223,000

Estimated Property Value

$180,000Estimated Mortgage Balance

$52,031Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,350 /month

Positive

Cash Flow Estimate:

$450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$198/month

$650/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,259

$213,777

2025

$64,200

$149,577

$213,777

Tax History

Year

Tax Paid

Assessed Value

2024

$1,259

$213,777

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$180,000

First

Aug 16, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$170,969

$55,031

24%

77%

$1,080/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,940/mo

$1,730/mo

+$210/mo

10.4%

Learn About the Market: Opportunity in Houston

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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.

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