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$1,302,000

NAL Estimated Property Value

12231 Mossycup Drive, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,519 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$317.59 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

High Equity

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, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size9,474 sqft

Building Information

Year Built1959
Garage Spaces2

Land Information

APN0845920000008
Lot Number8
SubdivisionMemorial Forest
Land UseResidential
Legal DescriptionLT 8 BLK 5 MEMORIAL FOREST SEC 1 R/P
Census Tract430700
Assessed Land Value$619,882
Assessed Improvement Value$482,233
Assessment Year2025

About this property

UPGRADED charming home in desirable Memorial Forest. Featuring recent custom paint on the interior and exterior of the home. Beautiful wood and tile floors throughout the home and large double pane windows allow lots of natural light. Contemporary open living downstairs with a family room, dining space, and kitchen. The spacious kitchen includes updated cabinetry, granite countertop, new stainless appliances including Thermador hood- gas cooktop set with 5 burners and double ovens. Upstairs features 2 bedrooms and a game room/bedroom. Wonderful outdoor space with a huge patio, expanded driveway and oversized garage and backyard for kids. Full capacity AC in 2-car programmable gate garage + workshop. Lots of fruiting citrus and fig trees! GREAT LOCATION! Walking distance to exemplary award-winning Frostwood Elementary, Memorial Herman Hospital & Mall, Oil and Gas headquarters, and, conveniently located within a few minutes to I-10 and Beltway 8. This home has never flooded.

Investor Tools

Property Icon
$1,302,000
Estimated Property Value
$498,753Estimated Mortgage Balance
$803,247Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,812 /month
Positive
Cash Flow Estimate:
$2,604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,244/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,416
$1,102,115
2025
$619,882
$482,233
$1,102,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,416
$1,102,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$548,250
No
First
Aug 13, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,753
$803,247
61%
38%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$3,638/mo
$-388/mo
3.0%

City: Houston

12231 Mossycup Drive | Property Details | No Agent List