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$425,000

12314 Normont Dr, Houston, TX, 77070

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,874 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.88 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,601 sqft

Building Information

Year Built1982
Stories2
Garage Spaces2

Land Information

APN1142700220011
Lot Number11
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 11 BLK 22 LAKEWOOD FOREST SEC 11
Census Tract554301
Assessed Land Value$82,250
Assessed Improvement Value$233,524
Assessment Year2025

About this property

Once upon a time, tucked beneath the towering trees of picturesque Lakewood Forest, sat an English cottage that felt as though it had been lifted from the pages of a storybook. For 44 years, the same owners lovingly cared for & thoughtfully improved this special home, creating a place filled w/ character, & timeless charm. From the inviting front porch, to the stamped concrete driveway, cement board siding, recent roof, & beautiful double-pane windows, every detail has been carefully considered. Inside, plantation shutters frame the views w/ unique wallpaper, custom touches, & a cozy reading nook. Spacious dining rm adorned w/ a stunning custom mural. A study or formal living rm sits just off the foyer, offering flexibility. All 3.5 bthrms have been beautifully updated w/ intentional design & quality finishes. Two Trane HVAC systems. Rich in character yet updated for modern living, this is more than a house. It’s a home that invites you to move in, settle down, & never want to leave.

Investor Tools

$265,953Estimated Mortgage Balance
$118,047Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Collette King

RE/MAX Universal

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$443
$315,774
2025
$82,250
$233,524
$315,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$443
$315,774

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$288,000
No
First
May 31, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,953
$118,047
30%
69%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,477/mo
+$263/mo
8.6%

City: Houston