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Owner Contacts

$1,554,436

NAL Estimated Property Value

12406 Old Oaks Dr, Houston, TX, 77024

Off Market

4 Beds

3 Bath

3,437 Sq Ft

$328.78 / sqft

Built in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Gas Cooktop, Dishwasher

FlooringCarpet, Slate, Tile, Wood

Exterior

Private Pool

Lot Size11,103 sqft

Building Information

Year Built1963

Stories1

Garage Spaces2

Land Information

APN0940090000002

Lot Number2

SubdivisionFrostwood

Land UseResidential

Legal DescriptionLT 2 BLK 16 FROSTWOOD SEC 2

Census Tract430800

Assessed Land Value$780,700

Assessed Improvement Value$773,736

Assessment Year2025

About this property

Dream Home! NEVER FLOODED! Beautifully updated home zoned to Frostwood elementary, Memorial Middle & Memorial High school. 4/5 Bedroom and 3 Bath with pool! ROOF, AC, FURNACES, INTERIO, EXTERIOR PAINGING, GAS COOKTOP ,MICROWAVE, LIVING ROOM AND BEDROOM HICKORY ENGINEERING WOOD FLOOR, UPSTAIRS BERBER CARPET AND LIGHTING FIXTURES ARE REPLACED IN AUGUST 2021. New Recess lighting in second living area. Nice and special court yard leads to the front door. Gorgeous kitchen w/custom cabinets and granite counters. Large walk-in pantry right and laundry room. Large master suite features his/hers closets & updated bath w/dual vanity areas, separate shower & whirlpool tub. Wonderful upstairs game room/bedroom w/vaulted ceilings and plenty of storage. Fourth bedroom is located in second floor with big window and plenty of light. Backyard is an outdoor retreat w/saltwater pool, spa.

Investor Tools

$1,554,436

Estimated Property Value

$799,299Estimated Mortgage Balance

$755,137Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,327 /month

Positive

Cash Flow Estimate:

$3,109 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,594/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,356

$1,554,436

2025

$780,700

$773,736

$1,554,436

Tax History

Year

Tax Paid

Assessed Value

2024

$11,356

$1,554,436

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Digital Fcu

Conventional

$872,000

First

Dec 10, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$799,299

$812,701

50%

51%

$5,229/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,250/mo

$5,529/mo

$-2,279/mo

2.5%

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