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$119,139

NAL Estimated Property Value

12232 Bob White Drive, Houston, TX, 77035

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,000 Sq Ft
Condos / TownhousesCondos / Townhouses
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringBrick, Wood

Exterior

Lot Size1,133 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN0461710170010
SubdivisionFondren Southwest Tempos Apts
Land UseResidential
Legal DescriptionAPT 12232 BLDG 17 FONDREN SOUTHWEST TEMPOS APTS ABST 1071 D ELLIOT
Census Tract422304
Assessed Land Value$31,992
Assessed Improvement Value$87,147
Assessment Year2025

About this property

Step inside this inviting two-story townhouse in the quiet Cattails community. This desirable corner unit offers extra privacy and great natural light. It features two comfortable bedrooms — one on the main floor and another upstairs, perfect as a guest room or home office.The warm wood and brick floors add charm, while the attached two-car garage provides convenience and security. Located near Fondren and W. Airport Blvd, with easy access to schools, shops, and main roads, this home is a smart choice for comfort and functionality.

Investor Tools

Property Icon
$119,139
Estimated Property Value
$0Estimated Mortgage Balance
$119,139Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$715 /month
Positive
Cash Flow Estimate:
$238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
$402/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,314
$119,139
2025
$31,992
$87,147
$119,139
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,314
$119,139

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$119,139
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$402/mo
+$693/mo
11.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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12232 Bob White Drive | Property Details | No Agent List