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$1,749,900

12231 Kimberley Lane, Houston, TX, 77024

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$451.47 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size10,877 sqft

Building Information

Year Built1960
Garage Spaces4

Land Information

APN0935530000016
Lot Number16
SubdivisionMemorial Hollow
Land UseResidential
Legal DescriptionLT 16 & TR 15A BLK 6 MEMORIAL HOLLOW SEC 4
Census Tract430700
Assessed Land Value$656,519
Assessed Improvement Value$205,808
Assessment Year2025

About this property

Your dream home awaits! Sitting on culdesac lot, this fully remodeled ~4,000 SF home offers everything you could ever want or need. Features include slurried brick, gas lantern, plastered vent hood, new site-built cabinets with soft-close hardware, new quartz counters, new wood floors, massive covered patio, (2) laundry rooms, walk-in pantry and private study. Rest assured knowing it also includes new appliances w/48” Viking range, new plumbing (+ underground), new electrical, (2) new HVAC systems, new ducting, new roof, new premium windows and doors, new siding, new sheetrock, new paint on every surface, new insulation, new lighting/plumbing/door/cabinet fixtures, new irrigation, new tile + new tankless water heater. Its premier location is near everything including parks, trails, dining options, shopping, great schools, churches, and entertainment options. Zoned to Bunker Hill Elementary and Memorial High and walking distance to Memorial City Mall.

Investor Tools

$1,229,191Estimated Mortgage Balance
$373,809Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,499 /month
Positive
Cash Flow Estimate:
$3,500 /month

Interested in this property?

Justin Davis

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,859
$862,327
2025
$656,519
$205,808
$862,327
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,859
$862,327

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,240,000
No
First
Dec 2, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,229,191
$373,809
23%
77%
$7,435/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$7,435/mo
$-4,185/mo
2.4%

City: Houston

12231 Kimberley Lane | Property Details | No Agent List