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$138,000

NAL Estimated Property Value

12224 Bob White Dr # 122, Houston, TX, 77035

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,244 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$116.56 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher

Exterior

Lot Size1,093 sqft

Building Information

Year Built1980
Stories2

Land Information

APN0461710170006
SubdivisionFondren Southwest Tempos Apts
Land UseResidential
Legal DescriptionAPT 12224 BLDG 17 FONDREN SOUTHWEST TEMPOS APTS ABST 1071 D ELLIOT
Census Tract422304
Assessed Land Value$31,875
Assessed Improvement Value$102,352
Assessment Year2025

About this property

Conveniently located near 610 and Beltway. The master bedroom is located on the ground floor and boasts a Hollywood bath. Upstairs, you'll find a second bedroom with a shared bath and a third bedroom with a closet. The living and dining room combination is highlighted by high ceilings and a cozy wood-burning fireplace. The open kitchen with a breakfast bar completes this inviting home.

Investor Tools

Property Icon
$138,000
Estimated Property Value
$129,248Estimated Mortgage Balance
$8,752Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
$367/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,619
$134,227
2025
$31,875
$102,352
$134,227
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,619
$134,227

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$133,000
No
First
Oct 15, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,248
$6,752
4%
94%
$798/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,165/mo
+$557/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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12224 Bob White Dr # 122 | Property Details | No Agent List