$497,002
NAL Estimated Property Value12321 Martindale Rd, Houston, TX, 77048
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
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
$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
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%
