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Owner Contacts

$418,798

12314 Wedgehill Ln, Houston, TX, 77077

Off Market

4 Beds

2 Bath

1,867 Sq Ft

Single Family Residence

$213.71 / sqft

Built in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven

FlooringTile, Wood

Exterior

Lot Size8,093 sqft

Building Information

Year Built1970

Stories1

Garage Spaces2

Land Information

APN1010100000016

Lot Number16

SubdivisionAshford South

Land UseResidential

Legal DescriptionLT 16 BLK 8 ASHFORD SOUTH SEC 2

Census Tract451302

Assessed Land Value$103,285

Assessed Improvement Value$315,513

Assessment Year2025

About this property

MULTIPLE OFFERS - BEST & FINAL OFFERS DUE BY 3 PM ON TUESDAY. Idyllic 1 story, 4 bedroom home located in the heart of the Energy Corridor! An Ashford South gem, this charming home is located steps from Robin's Loop, which is part of Terry Hershey Park's 12 mile hike-n-bike trails! Bitter-sweet move for the sellers! Sellers installed handsome engineered hardwoods throughout family, dining & primary bedroom. Double-paned vinyl windows provide clean, light-filled spaces! Living areas have been opened for seamless views. Sellers added a European-inspired beam to the vaulted ceiling. Designed for entertaining, the kitchen includes upgraded granite counters, gas range, stainless steel appliances & downdraft. Split plan allows for a private-feeling primary bedroom w/renovated ensuite bath. Wonderful backyard w/concrete deck! Beautiful elevation with double driveway (2016) and fresh landscaping! Ashford amenities include paid constable patrol, 2 pools, tennis courts, backdoor trash pickup

Investor Tools

$418,798

Estimated Property Value

$320,800Estimated Mortgage Balance

$103,647Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,513 /month

Positive

Cash Flow Estimate:

$838 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$669/month

$685/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,936

$418,798

2025

$103,285

$315,513

$418,798

Tax History

Year

Tax Paid

Assessed Value

2024

$5,936

$418,798

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Town Lake Mortgage Llc

Conventional

$320,800

First

May 5, 2025

Jun 2040

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$315,151

$103,647

24%

75%

$1,924/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$2,609/mo

+$271/mo

8.3%

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