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$264,900

12318 Braewick Drive, Houston, TX, 77035

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,918 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.11 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

BankruptcyHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size8,520 sqft

Building Information

Year Built1963
Stories1
Garage Spaces1

Land Information

APN0871520000021
Lot Number21
SubdivisionWestbury
Land UseResidential
Legal DescriptionLT 21 BLK 119 WESTBURY SEC 4
Census Tract422200
Assessed Land Value$88,830
Assessed Improvement Value$117,993
Assessment Year2025

About this property

Priced ahead of the market with today’s buyer affordability challenges in mind, this beautifully updated single-story home offers exceptional value and opportunity. In a market where affordability matters, this 4-bedroom, 2-bath home stands out with an open-concept layout that seamlessly connects the kitchen, living, and dining areas for comfortable everyday living and easy entertaining. The kitchen features granite countertops, trendy subway tile backsplash, and recent appliances. Additional highlights include a 2-car garage, double-wide driveway, and ample parking. Step outside to a fully fenced backyard with a large covered patio, perfect for relaxing or hosting gatherings. Conveniently located near Beltway 8 and Highway 90, with quick access to shopping, dining, and major commuting routes. Move-in ready, competitively positioned, and priced to meet the market, this is an opportunity buyers will not want to miss.

Investor Tools

$234,549Estimated Mortgage Balance
$32,451Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month

Interested in this property?

Thomas Saunders

RE/MAX Universal

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,164
$206,823
2025
$88,830
$117,993
$206,823
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,164
$206,823

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jet Lending Llc
Commercial
$242,900
No
First
Jul 19, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,549
$32,451
12%
88%
$1,457/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,457/mo
+$769/mo
10.0%

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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12318 Braewick Drive | Property Details | No Agent List