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$267,925

NAL Estimated Property Value

12231 Medina Lake Dr, Tomball, TX, 77377

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,805 Sq Ft
price_per_sqft$152.35 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,526 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN1274210050020
Lot Number20
SubdivisionLakewood Place
Land UseResidential
Legal DescriptionLT 20 BLK 5 LAKEWOOD PLACE
Census Tract554702
Assessed Land Value$42,850
Assessed Improvement Value$225,075
Assessment Year2025

About this property

Beautifully appointed 3 bedroom townhome in the gated community of Lakewood Place. This traditional home benefits from modern design with an open concept floorplan. The expansive kitchen with breakfast bar large enough to seat six, gas range, and honey cabinetry is both low maintenance and high style. All this overlooks a dining/den combination that makes entertaining a breeze. The slider opens onto a great backyard - perfect for those summer barbecues. All bedrooms up provide a wonderful separation from more formal entertaining and an amazing place to relax at the end of the day. The oversized game room is a wonderful bonus space that can serve multiple purposes - it's currently used as both an office area & a cozy media room. You will love the large bedrooms even the shared bath looks like something you would find at a spa! Half of the second bay in the two car garage has been converted to an insulated bonus room. Perfect for an extra office or music room! Welcome to your next home!

Investor Tools

Property Icon
$267,925
Estimated Property Value
$184,719Estimated Mortgage Balance
$83,206Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,923
$267,925
2025
$42,850
$225,075
$267,925
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,923
$267,925

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$200,400
No
First
Mar 28, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,719
$83,206
31%
69%
$1,202/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$1,472/mo
+$738/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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12231 Medina Lake Dr | Property Details | No Agent List