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$223,000

NAL Estimated Property Value

12227 Oldenburg Ln, Houston, TX, 77065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,292 Sq Ft
price_per_sqft$139.32 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,299 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN1148330090011
Lot Number11
SubdivisionSteeplechase
Land UseResidential
Legal DescriptionLT 11 BLK 9 STEEPLECHASE SEC 4
Census Tract552004
Assessed Land Value$64,521
Assessed Improvement Value$149,577
Assessment Year2025

About this property

Charming 3 bedroom 2 bath home in the community of Steeplechase just off of Hwy 290. Vaulted ceilings in the living room and master bedroom, nice carpet and neutral colors throughout the home. Fenced backyard is shaded with mature trees. Roof 2018. Ring doorbell, Nest thermostat. Easy access to Hwy 290. Close to shopping and restaurants.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$178,880Estimated Mortgage Balance
$44,120Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
$582/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,260
$214,098
2025
$64,521
$149,577
$214,098
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,260
$214,098

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Fha
$195,886
Yes
First
Oct 8, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,880
$48,120
21%
80%
$1,175/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,757/mo
$-287/mo
7.9%

City: Houston

12227 Oldenburg Ln | Property Details | No Agent List