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$369,000

12341 Derby Royal Dr, Houston, TX, 77044

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,506 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.36 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,412 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1463060010048
Lot Number48
Land UseResidential
Legal DescriptionLT 48 BLK 1 BALMORAL EAST SEC 2
Census Tract252001
Assessed Land Value$62,565
Assessed Improvement Value$296,558
Assessment Year2025

About this property

Nestled in the exclusive Balmoral Community, this almost new home boasts all the upgrades, including the front door, custom backsplash, faucets, vent hood, board & batten breakfast bar, Omega Stone countertops, fixtures & pulls, ceiling fans, 8' doors, 11' ceilings, motion lights, epoxy garage w/storage racks, top of line garage opener w/camera, power window shades, marble tile in primary bath, extended primary closet, outdoor soffit lights, full sprinkler system, extended covered patio, and more! And with a mud room, walk-in pantry, tray ceilings, accent walls, and no back neighbors, you've got to see it to believe it! Enjoy the sensational Crystal Clear Lagoon with white sand beach, kayaking, restaurant with waterfront dining, clubhouse, fitness center, volleyball, tennis, playgrounds, golf carts, Segway scooters for the trails, splash pad & resort-style pool with infinity edge! Easy access to George Bush Intercontinental Airport and Downtown Houston by way of Bwy 8 and 59 is a plus.

Investor Tools

Property Icon
$369,000
Estimated Property Value
$387,860Estimated Mortgage Balance
$1,223Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,081
$359,123
2025
$62,565
$296,558
$359,123
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,081
$359,123

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brightland Mortgage Services Ltd
Conventional
$387,860
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,777
$4,223
1%
100%
$2,326/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,326/mo
+$464/mo
9.1%

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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