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$2,700

12320 Churchill Downs Dr, Houston, TX, 77047

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,979 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.36 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size3,507 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1464370010009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 1 CITY GATE SEC 7
Census Tract331502
Assessed Land Value$48,810
Assessed Improvement Value$257,270
Assessment Year2025

About this property

Welcome to 12320 Churchill Downs Drive, a beautifully designed two-story home built in 2024, offering modern finishes and functional living spaces. This 3-bedroom, 3-bath residence features an open-concept layout ideal for both everyday living and entertaining. The spacious kitchen flows seamlessly into the living and dining areas, creating a warm and inviting atmosphere. Upstairs, you'll find generously sized bedrooms and versatile space to accommodate your lifestyle. Situated on a 3,499 sq. ft. lot, this move-in-ready home combines the benefits of new construction with contemporary comfort. Conveniently located with easy access to major highways, shopping, dining, and everyday amenities, this home presents an excellent opportunity to enjoy modern living in a growing Houston community.

Investor Tools

$293,067Estimated Mortgage Balance
$13,964Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

Interested in this property?

Sharif Owoyemi

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$185/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$695
$306,080
2025
$48,810
$257,270
$306,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$695
$306,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$303,991
No
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,067
$17,933
5%
96%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,823/mo
+$177/mo
7.8%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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12320 Churchill Downs Dr | Property Details | No Agent List