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$318,000

NAL Estimated Property Value

12302 Greenwood Gate Drive, Houston, TX, 77047

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,054 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5,266 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1464690020001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 2 CITY GATE SEC 8
Census Tract331502
Assessed Land Value$51,621
Assessed Improvement Value$142,690
Assessment Year2025

About this property

Brand-new, never-lived-in 2-story Villa in City Gate North, a gated community! This rare 2,054 sq. ft. home sits on the largest lot currently for rent and is the only available corner lot, offering extra space, more yard, and added privacy. Features 4 bedrooms, 2.5 baths, and an open layout filled with natural light. The island kitchen boasts 36" black shaker cabinets, white Silestone countertops, stainless steel Whirlpool appliances, and vent hood. Luxury vinyl plank flooring flows through the first floor and wet areas, with plush carpet upstairs. All bedrooms up, including a spacious primary suite with walk-in shower, dual sinks, and large closet. Covered patio with storage, fully fenced yard, 2-car garage, tankless water heater, and full sprinkler system. HOA maintains front and side yard; tenant responsible for fenced backyard. Refrigerator, washer & dryer included! Close to Beltway 8, 288, Medical Center, Downtown, and Pearland Town Center. Schedule your private tour today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$546
$194,311
2025
$51,621
$142,690
$194,311
No

Tax History

Year
Tax Paid
Assessed Value
2024
$546
$194,311

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$229,990
No
First
Jul 28, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,627
$91,373
28%
71%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,379/mo
+$1,211/mo
9.8%

City: Houston

12302 Greenwood Gate Drive | Property Details | No Agent List