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$2,195

12225 Medina Lake Dr, Tomball, TX, 77377

PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,002 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.1 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,261 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN1274210050023
Lot Number23
SubdivisionLakewood Place
Land UseResidential
Legal DescriptionLT 23 BLK 5 LAKEWOOD PLACE
Census Tract554702
Assessed Land Value$42,324
Assessed Improvement Value$226,339
Assessment Year2025

About this property

Come home to this fabulous updated townhome in the gated community of Lakewood Place. Offering 3 bedrooms and 2 full baths upstairs and spacious living areas downstairs with a half bath. Double car garage. Formal dining off entry area. A large living room niche to accommodate your entertainment system is next to the kitchen with granite countertops and stainless steel appliances. Handsome hardwood flooring unites the downstairs living areas. Bonus computer nook or study area upstairs. The HOA maintains the yards and landscaping outside fence areas. The community offers a pool for residents and access to a green belt with trails for walking, running and biking. Great location, just west of SH 249 between Louetta Road and Spring Cypress and a short drive to the Grand Parkway 99. Enjoy shopping and dining around the Vintage Park shopping and sought-after Tomball ISD schools. Refrigerator, washer and dryer included.

Investor Tools

$132,662Estimated Mortgage Balance
$136,001Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,612 /month
Positive
Cash Flow Estimate:
$537 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,185
$268,663
2025
$42,324
$226,339
$268,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,185
$268,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$145,000
No
First
Jan 12, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,662
$136,001
50%
49%
$870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$870/mo
+$1,340/mo
9.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tomball

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12225 Medina Lake Dr | Property Details | No Agent List