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$206,000

12409 Palmsprings Drive, Houston, TX, 77034

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths924 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.68 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Oven
FlooringTile, Wood

Exterior

Lot Size7,802 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN0832540000020
Lot Number20
SubdivisionGulf Palms
Land UseResidential
Legal DescriptionLT 20 BLK 17 GULF PALMS SEC 2
Census Tract321102
Assessed Land Value$72,600
Assessed Improvement Value$109,260
Assessment Year2025

About this property

Cute and updated home, looking for a new family!!! Featuring 3 bedrooms, 1.5 bathrooms. Great kitchen with granite countertops a lots of cabinets. Refrigerator stays. Wood floor and tile through the whole house. Ceiling fans. A nice size den, that can be used for living-dinning room combo and extra room with half bathroom. Relaxing in the covered patio. A shed that it can be used for a storage or workroom. Close to major highways. Make this your new home. Come to see it!! Call me for a private tour and more information!

Investor Tools

Property Icon
$206,000
Estimated Property Value
$0Estimated Mortgage Balance
$7,825Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,529
$181,860
2025
$72,600
$109,260
$181,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,529
$181,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$204,250
No
First
Sep 12, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,175
$7,825
3%
96%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,225/mo
+$497/mo
10.0%

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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12409 Palmsprings Drive | Property Details | No Agent List