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$314,000

NAL Estimated Property Value

12319 Frisco Cove Ct, Houston, TX, 77047

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,166 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size5,619 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1464370040067
Lot Number67
Land UseResidential
Legal DescriptionLT 67 BLK 4 CITY GATE SEC 7
Census Tract331502
Assessed Land Value$52,186
Assessed Improvement Value$257,270
Assessment Year2025

About this property

Detached, two-story home — City Gate North homes are generally 2-story. Approximately 2,050 sq ft of living space. 2-car attached garage, Open-concept common areas: kitchen, living, and dining space connected — this is a recurring feature in the community’s floor plans. modern build / fairly new construction.

Investor Tools

Property Icon
$314,000
Estimated Property Value
$260,770Estimated Mortgage Balance
$53,230Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$586
$309,456
2025
$52,186
$257,270
$309,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$586
$309,456

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$270,490
No
First
May 29, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,770
$56,230
17%
83%
$1,622/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,622/mo
+$968/mo
9.9%

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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12319 Frisco Cove Ct | Property Details | No Agent List