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$1,613,000

NAL Estimated Property Value

12319 Rip Van Winkle Drive, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,357 Sq Ft
price_per_sqft$317.25 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,749 sqft

Building Information

Year Built1960
Garage Spaces2

Land Information

APN0925490000014
Lot Number14
SubdivisionFrostwood
Land UseResidential
Legal DescriptionLT 14 BLK 4 FROSTWOOD SEC 1
Census Tract430800
Assessed Land Value$728,715
Assessed Improvement Value$744,731
Assessment Year2025

About this property

This lovely, traditional home located in highly sought after Frostwood neighborhood is a “must see”, as pride of ownership shows throughout! A rare find with its soaring ceiling and two bedrooms downstairs, this home has been updated and expanded over the years. The Kitchen is a chef's dream, with a KitchenAid appliance package, which includes a professional 6 burner gas cook-top, double ovens, and dishwasher. The Breakfast Room enjoys a bank of French doors which envelopes the home with an abundance of natural light. These doors open to a backyard oasis, which enjoys a sparkling pool and offers lots of entertaining space. The primary suite is reminiscent of a high-end hotel with its spectacular en-suite which includes double sinks, soaking tub, and separate shower. Currently an over-sized upstairs’ bedroom is being utilized as a Game room and Den, but it offers a host of possibilities. Zoned to highly rated Frostwood, Memorial Middle and Memorial High School. A great opportunity!

Investor Tools

Property Icon
$1,613,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,613,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,678 /month
Positive
Cash Flow Estimate:
$3,226 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,628/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,470
$1,473,446
2025
$728,715
$744,731
$1,473,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,470
$1,473,446

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,613,000
100%
0%
$0/mo

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 Rip Van Winkle Drive | Property Details | No Agent List