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$497,002

NAL Estimated Property Value

12321 Martindale Rd, Houston, TX, 77048

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,716 Sq Ft
price_per_sqft$174.77 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size3.18 acres

Building Information

Year Built1970

Land Information

APN0261110000033
SubdivisionMinnetex Place
Land UseResidential
Legal DescriptionTRS 7B & C MINNETEX PLACE
Census Tract331602
Assessed Land Value$415,563
Assessed Improvement Value$81,439
Assessment Year2025

About this property

A UNIQUE OPPORTUNITY to purchase 3.18 acres of UNRESTRICTED LAND in the heart of Southwest Houston...PERFECT for those buyers who want to have animals (horses, chicken etc) with multiple stalls and many buildings ready to accommodate them...Home on the property has a TON OF POTENTIAL but needs TLC...SOLD WITH TERMS...Hurry!!!

Investor Tools

Property Icon
$497,002
Estimated Property Value
$0Estimated Mortgage Balance
$497,002Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,982 /month
Positive
Cash Flow Estimate:
$994 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,079/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,462
$497,002
2025
$415,563
$81,439
$497,002
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,462
$497,002

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$497,002
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
3.2%

City: Houston

12321 Martindale Rd | Property Details | No Agent List