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$1,854,000

12223 Taylorcrest Rd, Houston, TX, 77024

Off Market

5 Beds

4 Bath

3,710 Sq Ft

Single Family Residence

$392.18 / sqft

Built in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesGas Range

Exterior

Lot Size11,522 sqft

Building Information

Year Built1956

Stories2

Garage Spaces2

Land Information

APN0854050000015

Lot Number15

SubdivisionMemorial Forest

Land UseResidential

Legal DescriptionLT 15 & TR 14 BLK 14 MEMORIAL FOREST SEC 3

Census Tract430700

Assessed Land Value$796,240

Assessed Improvement Value$1,057,760

Assessment Year2025

About this property

Welcome to 12223 Taylorcrest, a thoroughly remodeled five bedroom home in highly desirable Memorial Forest. The electrical system was completely rewired, and the plumbing was all replaced(PEX plumbing above ground/sewer lines/vent lines/tankless water heater). This home also features a new roof, two HVAC systems, custom windows, driveway/walkway, two laundry rooms, custom job-built cabinets throughout, engineered hardwood flooring (no carpet), high-end stainless steel appliances, custom iron work, outdoor kitchen/dining space, and much more. The large backyard has plenty of space for a pool. All work permitted and inspected by the City of Houston. Zoned to 2022 Rebuilt Bunker Hill Elementary, Memorial Middle, and Memorial High School.

Investor Tools

$1,854,000

Estimated Property Value

$1,120,000Estimated Mortgage Balance

$785,752Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,124 /month

Positive

Cash Flow Estimate:

$3,708 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,412/month

$390/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$19,669

$1,854,000

2025

$796,240

$1,057,760

$1,854,000

Tax History

Year

Tax Paid

Assessed Value

2024

$19,669

$1,854,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$1,120,000

First

Dec 30, 2022

Jan 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,068,248

$852,752

44%

58%

$6,622/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,250/mo

$7,012/mo

$-3,762/mo

2.1%

Learn About the Market: Opportunity in Houston

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