$231,000
NAL Estimated Property Value12418 Sungate Ln, Houston, TX, 77071
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size4,861 sqft
Building Information
Year Built1978
Stories2
Garage Spaces2
Land Information
APN1136150000004
Lot Number4
SubdivisionSouthmeadow Patio Homes
Land UseResidential
Legal DescriptionLT 4 BLK 5 SOUTHMEADOW PATIO HOMES SEC 1
Census Tract423600
Assessed Land Value$51,480
Assessed Improvement Value$155,626
Assessment Year2025
About this property
BACK on the market! Seller installed a new Hvac system and brand new roof!! Located in the peaceful South Meadow Patio Homes community in Southwest Houston, this property boasts 3 bedrooms, 2.5 bathrooms, and nearly 2,000 sqft of living space. With easy access to major routes like beltway 8, Hwy90, and 69, this home offers a secure environment for your family. Act quickly to secure this opportunity! Also this home comes with ALL FURNITURE THATS CURRENTLY IN THE HOUSE.
Investor Tools
$231,000
Estimated Property Value
$217,328Estimated Mortgage Balance
$13,672Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$355/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,821
$207,106
2025
$51,480
$155,626
$207,106
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,821
$207,106
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$219,239
No
First
Nov 20, 2025
Dec 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,328
$6,672
2%
94%
$1,315/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,670/mo
+$52/mo
8.9%
