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$295,399

NAL Estimated Property Value

12238 Briar Forest Dr, Houston, TX, 77077

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,748 Sq Ft
price_per_sqft$125.23 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size11,138 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1062750000039
SubdivisionCountry Village R/P
Land UseResidential
Legal DescriptionRES B19 BLK 1 COUNTRY VILLAGE SEC 1 R/P
Census Tract451200
Assessed Land Value$100,038
Assessed Improvement Value$195,361
Assessment Year2025

About this property

Opportunity awaits at 12238 Briar Forest Dr! This 3-bedroom, 2-bath home offers incredible potential for those looking to renovate and create their ideal space. Nestled in a desirable West Houston location, the property sits on a spacious lot with mature trees and great curb appeal. Inside, you’ll find a functional layout ready for your vision—whether modernizing for personal use or as an investment. Enjoy proximity to the Energy Corridor, top-rated schools, shopping, and dining. A true fixer-upper with tons of upside in a sought-after neighborhood! Don’t miss this value-packed opportunity.

Investor Tools

Property Icon
$295,399
Estimated Property Value
$294,941Estimated Mortgage Balance
$458Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,772 /month
Positive
Cash Flow Estimate:
$591 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
$820/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$621
$295,399
2025
$100,038
$195,361
$295,399
No

Tax History

Year
Tax Paid
Assessed Value
2024
$621
$295,399

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Reverse Llc
Reverse Mortgage / Hecm
$360,000
No
First
May 25, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,941
$458
0%
100%
$1,791/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,611/mo
$-381/mo
9.1%

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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12238 Briar Forest Dr | Property Details | No Agent List