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$215,966

NAL Estimated Property Value

12274 Wild Pine Drive, Houston, TX, 77039

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths1,671 Sq Ft
price_per_sqft$388.99 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size2,409 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN1064510170002
SubdivisionPine Village North T/H
Land UseResidential
Legal DescriptionUNIT B BLK 17 PINE VILLAGE NORTH T/H SEC 4A
Census Tract232100
Assessed Land Value$27,027
Assessed Improvement Value$188,939
Assessment Year2025

About this property

Exceptional FULLY OCCUPIED triplex offering the perfect blend of modern living and strong investment potential. Each of the three spacious units showcases top-of-the-line finishes, modern floorplans, and an abundance of natural light. Units A & B feature 3 bedrooms and 2.5 bathrooms, while Unit C offers a 4-bedroom layout, perfect for larger households. All units include a fully equipped kitchen, comfortable living areas, a utility room, and a game room upstairs—ideal for entertaining or family living. The property includes attached 2-car oversized garages for each unit, and was completely renovated in 2024, minimizing maintenance concerns and maximizing long-term returns. Whether you're a seasoned investor or just entering the real estate market, this property is a turnkey, income-producing asset you won’t want to miss. (2 of the 3 units are currently rented out)

Investor Tools

Property Icon
$215,966
Estimated Property Value
$506,051Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
$108/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,271
$215,966
2025
$27,027
$188,939
$215,966
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,271
$215,966

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$517,500
No
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$506,051
N/A
0%
234%
$3,103/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,211/mo
$-1,489/mo
9.6%

Learn About the Market: Opportunity in Houston

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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.

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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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12274 Wild Pine Drive | Property Details | No Agent List