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Days38Days on Market
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$2,250,000

12222 Old Oaks Drive, Houston, TX, 77024

On MarketInfo
Beds5 Beds
Baths7 Bath
Baths5,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$404.68 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Marble, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size9,958 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN0845900000011
Lot Number11
SubdivisionMemorial Forest
Land UseResidential
Legal DescriptionLT 11 BLK 3 MEMORIAL FOREST SEC 1 R/P
Census Tract430700
Assessed Land Value$736,966
Assessed Improvement Value$1,524,558
Assessment Year2025

About this property

Exceptional custom-built 5,560 SF (Appraisal) home with outstanding curb appeal on coveted Old Oaks Dr in Memorial Forest. Thoughtfully designed residence blends timeless elegance with everyday comfort. Versatile floor plan offers 5 beds, 5 full baths & 2 powder baths. The 1st floor features a private primary suite, secondary bedroom with en-suite & dedicated home office. An open-concept kitchen & family room are ideal for entertaining, complemented by butler's pantry with wet bar, oversized walk-in pantry & mudroom/laundry. Upstairs offers 3 en-suite bedrooms, spacious game/flex room & media room that provide flexible living & entertaining spaces, + a study nook. Outside, enjoy the covered patio & low-maintenance turf, with room to add a splash pool. 3-car garage, gated driveway & additional off-street parking.Zoned to desirable SBISD schools (Buyer to verify eligibility), this is an exceptional opportunity to own a luxury home in one of Memorial's most sought-after neighborhoods.

Investor Tools

Property Icon
$2,694,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,415,542Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,164 /month
Positive
Cash Flow Estimate:
$5,388 /month

Interested in this property?

Colleen Sherlock

Greenwood King Properties - Kirby Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,741/month
$595/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,419
$2,261,524
2025
$736,966
$1,524,558
$2,261,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,419
$2,261,524

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$1,400,000
No
First
Nov 18, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,278,458
$1,415,542
52%
47%
$8,394/mo

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 Old Oaks Drive | Property Details | No Agent List