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$308,000

NAL Estimated Property Value

12321 Basilwood Drive, Houston, TX, 77047

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths1,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size3,254 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1464690010044
Lot Number44
Land UseResidential
Legal DescriptionLT 44 BLK 1 CITY GATE SEC 8
Census Tract331502
Assessed Land Value$48,406
Assessed Improvement Value$233,459
Assessment Year2025

About this property

Perfectly situated in the heart of Houston, TX, this luxurious, 3-bedroom, 2.5-bathroom home offers convenience and elegance in a brand-new gated community. Just 10 minutes from the Medical Center, 12 minutes from downtown, and 15 minutes from The Galleria, this prime location provides easy access to the city's major attractions. Upon entering, you'll be greeted by an inviting living space filled with natural light, ideal for both entertaining and relaxation. The modern kitchen is fully equipped with top-of-the-line appliances and tons of counter space. A large primary suite features great natural light, a large walk-in closet, walk-in shower and dual sinks! Additionally, the property features a fully fenced backyard with a covered patio, as well as included blinds, refrigerator, and a full-size washer and dryer, making it move-in ready. This is a BRAND NEW home, fully equipped with Smart Home devices. Home is available semi-furnished and/or short term for additional cost.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$546
$281,865
2025
$48,406
$233,459
$281,865
No

Tax History

Year
Tax Paid
Assessed Value
2024
$546
$281,865

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$213,750
No
First
Oct 23, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,720
$100,280
32%
67%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,282/mo
+$718/mo
7.8%

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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12321 Basilwood Drive | Property Details | No Agent List