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$1,526,000

NAL Estimated Property Value

12406 Woodthorpe Ln, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,117 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$351.3 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,799 sqft

Building Information

Year Built1960
Garage Spaces2

Land Information

APN0922470000025
Lot Number25
SubdivisionMemorial Hollow
Land UseResidential
Legal DescriptionLT 25 BLK 4 MEMORIAL HOLLOW SEC 1
Census Tract430800
Assessed Land Value$668,800
Assessed Improvement Value$511,661
Assessment Year2025

About this property

Exceptional, timeless 5-bedroom, 3 full bath home on quiet cul-de-sac in located in one of Houston’s premier neighborhoods. The decorative, textured glass-paned front door and gorgeous landscaping makes for a warm welcome into the home. This rare gem has been completely renovated and updated. The open floor plan features a kitchen with custom cabinetry, stainless steel appliances, granite countertops and a convection microwave oven. Exquisite millwork, hardwood flooring, recessed lighting and incredible built-ins can be found throughout. The Primary Suite features unique, vaulted ceiling, wired, built-in speakers, panoramic views and a door leading to the backyard oasis. The backyard is beautifully designed with a covered patio, pergola, fire pit and swimming pool with water features and built-in slide. Conveniently located in Memorial, easy access to I-10 and Beltway 8, City Centre and Memorial City. Zoned to top-rated Spring Branch schools. A must see!

Investor Tools

Property Icon
$1,526,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,526,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,156 /month
Positive
Cash Flow Estimate:
$3,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,423/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,442
$1,180,461
2025
$668,800
$511,661
$1,180,461
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,442
$1,180,461

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,406,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$220/mo
+$3,030/mo
2.6%

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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12406 Woodthorpe Ln | Property Details | No Agent List