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$2,399

12318 De Forrest St, Houston, TX, 77066

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,379 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1087150000022
Lot Number22
SubdivisionFountainhead
Land UseResidential
Legal DescriptionLT 22 BLK 15 FOUNTAINHEAD SEC 2
Census Tract551201
Assessed Land Value$59,770
Assessed Improvement Value$153,284
Assessment Year2025

About this property

Welcome to 12318 De Forrest Street! This beautifully updated 4-bedroom, 2.5-bath home offers approximately 2,396 sq. ft. of comfortable living space in the established Fountainhead community. Step inside to find a spacious floor plan featuring granite countertops, updated flooring, fresh interior paint, and new carpet in the bedrooms. The updated primary bathroom features double sinks and stylish subway tile, while the secondary bathroom has been refreshed with quartz countertops and updated finishes. Enjoy relaxing or entertaining outdoors on the backyard deck and gazebo, with gated access to the green space behind the property. Additional highlights include an attached 2-car garage, mature trees, and access to community amenities including a swimming pool, clubhouse, and tennis courts. Conveniently located in Klein ISD with access to shopping, dining, and major Houston thoroughfares.

Investor Tools

$2,657,213Estimated Mortgage Balance
$246,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

Interested in this property?

Hafeeza Shaik

Walzel Properties - Corporate Office

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,648
$213,054
2025
$59,770
$153,284
$213,054
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,648
$213,054

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc
Building Or Construction Loan
$2,680,580
No
First
Dec 23, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,657,213
N/A
0%
1080%
$16,072/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$16,072/mo
$-13,622/mo
12.0%

City: Houston

12318 De Forrest St | Property Details | No Agent List