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$379,000

NAL Estimated Property Value

12402 Nova Dr, Houston, TX, 77077

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.2 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,962 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN1021150000034
Lot Number34
SubdivisionAshford South
Land UseResidential
Legal DescriptionLT 34 BLK 12 ASHFORD SOUTH SEC 3
Census Tract451302
Assessed Land Value$115,440
Assessed Improvement Value$256,382
Assessment Year2025

About this property

Beautifully updated 4 bedroom, 2 bath home in the Energy Corridor. Engineered hard wood floors flow throughout the entry, living room, dining room, kitchen, breakfast room & master. The kitchen features Thermador SS appliances, 5 burner electric cooktop, granite counters with tile backsplash, new cabinets hand made on site with fresh paint, new hardware and new light fixtures. The spacious master bedroom has a new ceiling fan and French doors that lead to the backyard. The master bathroom has been updated with tile floors, granite counters, double sinks, new light fixtures and a standing shower only. All secondary bedrooms have new carpet floors and a new ceiling fan. The second full bathroom was just updated this year with tile wood like floors, granite counters, new hardware, new light fixtures and a tub+shower duo with tile surround. Other home features include: double pane insulated windows, new roof 2021, new anti leaf gutters, interior fresh paint and updated landscaping.

Investor Tools

Property Icon
$379,000
Estimated Property Value
$257,136Estimated Mortgage Balance
$121,864Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,082
$371,822
2025
$115,440
$256,382
$371,822
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,082
$371,822

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$280,000
No
First
Jan 21, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,136
$126,864
33%
68%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,304/mo
+$576/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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12402 Nova Dr | Property Details | No Agent List