$243,000
NAL Estimated Property Value12229 Palmdate St, Houston, TX, 77034
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Convection Oven, Microwave, Electric Range, Dishwasher
FlooringTile, Vinyl
Exterior
Lot Size7,671 sqft
Building Information
Year Built1958
Stories1
Garage Spaces1
Land Information
APN0832450000008
Lot Number8
SubdivisionGulf Palms
Land UseResidential
Legal DescriptionLT 8 BLK 8 GULF PALMS SEC 2
Census Tract321102
Assessed Land Value$45,102
Assessed Improvement Value$119,900
Assessment Year2025
About this property
Welcome home to this beautifully remodeled 3-bedroom, 2-bath gem tucked away on a quiet dead-end street. Inside, you’ll find two spacious living areas perfect for entertaining or relaxing, along with a bright and airy kitchen featuring modern finishes and plenty of natural light. The thoughtful layout offers comfortable bedrooms and updated bathrooms designed with style and function in mind. Step outside to a large backyard, ideal for gatherings, gardening, or play. With its inviting spaces, this move-in ready home has everything you’ve been looking for!
Investor Tools
$243,000
Estimated Property Value
$229,469Estimated Mortgage Balance
$13,531Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$105/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$48
$165,002
2025
$45,102
$119,900
$165,002
No
Tax History
Year
Tax Paid
Assessed Value
2024
$48
$165,002
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$231,830
No
First
Oct 30, 2025
Nov 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,469
$5,531
2%
94%
$1,390/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,390/mo
+$332/mo
8.5%
