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$173,000

NAL Estimated Property Value

12222 Carola Forest Dr, Houston, TX, 77044

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths1,176 Sq Ft
price_per_sqft$1.4 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size6,242 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN1107910000028
Lot Number28
SubdivisionKings Lake Forest
Land UseResidential
Legal DescriptionLT 28 BLK 5 KINGS LAKE FOREST SEC 1 R/P
Census Tract232303
Assessed Land Value$46,800
Assessed Improvement Value$125,609
Assessment Year2025

About this property

Excellent rental property in a fantastic location in an up-and-coming area of Houston. This cozy 3 Bedroom 2 1/2 bath home is great to rent. Newly remodeled, New Roof, paint, floors, bathrooms and granite counters in kitchen and bathrooms. Large backyard. Access to beltway 8 is only minutes away. Just 20 minutes away from Lake Houston. Only 25 minutes to Downtown, or IAH. A short 10-minute drive from the shops and restaurants of the beautiful Summerwood area. Home will not remain on the market long.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,410
$172,409
2025
$46,800
$125,609
$172,409
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,410
$172,409

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$106,500
No
First
Oct 25, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,419
$76,581
43%
57%
$639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$639/mo
+$1,521/mo
15.0%

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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12222 Carola Forest Dr | Property Details | No Agent List