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Days36Days on Market
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$250,000

12414 Windy Wisp Ln, Houston, TX, 77071

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,111 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.43 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,362 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1136110000014
Lot Number14
SubdivisionSouthmeadow Patio Homes
Land UseResidential
Legal DescriptionLT 14 BLK 1 SOUTHMEADOW PATIO HOMES SEC 1
Census Tract423600
Assessed Land Value$54,247
Assessed Improvement Value$198,803
Assessment Year2025

About this property

Great opportunity in the established Southmeadow community in Houston! This home offers a functional layout, comfortable living spaces, and strong potential for a variety of buyers. Perfect for families looking for a place to call home with room to grow, buyers wanting to move in and gradually add their own personal touches and value over time, or investors seeking a property with upside potential. The spacious layout and backyard provide flexibility for everyday living, entertaining, and creating lasting memories. Conveniently located near major highways, shopping, dining, schools, and local amenities, this home combines comfort, location, and long term potential. Whether you are searching for your next home or investment opportunity, this property offers endless possibilities.

Investor Tools

Property Icon
$253,050
Estimated Property Value
$168,547Estimated Mortgage Balance
$114,630Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

Interested in this property?

Matthew Gallagher

NB Elite Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,308
$253,050
2025
$54,247
$198,803
$253,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,308
$253,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$168,547
Yes
First
Sep 28, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,420
$114,630
45%
55%
$1,011/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,011/mo
+$711/mo
8.2%

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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