$380,000
NAL Estimated Property Value12223 Normont Dr, Houston, TX, 77070
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size8,799 sqft
Building Information
Year Built1982
Stories2
Garage Spaces2
Land Information
APN1142700270002
Lot Number2
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 2 BLK 27 LAKEWOOD FOREST SEC 11
Census Tract554301
Assessed Land Value$79,310
Assessed Improvement Value$276,899
Assessment Year2025
About this property
Wonderful home in Lakewood Forest, zoned to Moore Elementary and Hamilton Middle schools. Pool, outdoor kitchen, landscape lighting, game room, full bath located near the back door for easy access from the pool. This home has come wonderful updates including the backsplash in the kitchen and granite counters, updated master bath, additional gutters, so much more! New roof 2017, new driveway and fence 2019. You're going to love this home...make your private appointment today!
Investor Tools
$380,000
Estimated Property Value
$235,164Estimated Mortgage Balance
$144,836Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$630/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,648
$356,209
2025
$79,310
$276,899
$356,209
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,648
$356,209
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$260,000
No
First
May 14, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,164
$126,836
35%
62%
$1,559/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,189/mo
+$551/mo
8.7%
