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$243,000

NAL Estimated Property Value

12229 Palmdate St, Houston, TX, 77034

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.13 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

City: Houston

12229 Palmdate St | Property Details | No Agent List