Street View

B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$1,470,000

12323 Old Oaks Dr, Houston, TX, 77024

Off Market

4 Beds

2 Bath

2,839 Sq Ft

Single Family Residence

$396.27 / sqft

Built in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Terrazzo, Tile, Wood

Exterior

Lot Size11,252 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN0940070000015

Lot Number15

SubdivisionFrostwood

Land UseResidential

Legal DescriptionLT 15 BLK 14 FROSTWOOD SEC 2

Census Tract430800

Assessed Land Value$786,250

Assessed Improvement Value$595,139

Assessment Year2025

About this property

Desirable Frostwood home on a spacious lot, this brick ranch is loaded with updates. Formal dining room off front entry with custom bar that looks into spacious family room. Gourmet, eat-in kitchen showcases double islands, including breakfast bar with stainless sink and bar seating plus prep island for cooking. Kitchen is open to family room and is great for hosting. 4 Bedrooms and 2 full baths including primary suite with updated private baths. Oversized game room with large picture window and door to back patio. Outdoor oasis with large yard and patio. Excellent location with close proximity to Frostwood Elementary (Buyer to verify acceptance and eligibility.) 2 car garage with oversized driveway. All per seller.

Investor Tools

$1,470,000

Estimated Property Value

$900,000Estimated Mortgage Balance

$617,483Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,820 /month

Positive

Cash Flow Estimate:

$2,940 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,486/month

$320/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,487

$1,381,389

2025

$786,250

$595,139

$1,381,389

Tax History

Year

Tax Paid

Assessed Value

2024

$10,487

$1,381,389

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Bank

Conventional

$900,000

First

Nov 15, 2022

Dec 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$852,517

$696,483

44%

58%

$4,970/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,520/mo

$5,290/mo

$-2,770/mo

2.1%

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