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$1,354,000

NAL Estimated Property Value

12421 Perthshire Rd, Houston, TX, 77024

$1,452,712 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,425 Sq Ft
price_per_sqft$321.17 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator
FlooringCarpet, Terrazzo, Tile

Exterior

Lot Size8,115 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN0922460000003
SubdivisionMemorial Hollow
Land UseResidential
Legal DescriptionTR 3A BLK 3 MEMORIAL HOLLOW SEC 1
Census Tract430800
Assessed Land Value$641,520
Assessed Improvement Value$333,480
Assessment Year2025

About this property

Custom built for current owner in 1981, this lovely traditional home is located in the highly desirable neighborhood of Memorial Hollow. With its charming curb appeal, this four-bedroom, four-and-a-half bath home offers a host of possibilities. A spacious formal Living Room is off the Foyer and is anchored by floor to ceiling windows. The Family Room enjoys cathedral ceilings with rustic wooden beams along with a gas-burning fireplace and a bank of windows overlooking the backyard. The Primary Suite, along with one of three secondary bedrooms, is downstairs. Upstairs are the remaining two bedrooms; all bedrooms have en suites. Upstairs has access to a fully decked attic which could be built out for an oversized game room. The garage has a second story flex space which could be converted into quarters. Zoned to exemplary Bunker Hill Elementary, Memorial Middle and Memorial High School, this home is not to be overlooked! Property is in a trust and is being sold "as is" and "where is".

Investor Tools

Property Icon
$1,354,000
Estimated Property Value
$431,005Estimated Mortgage Balance
$922,995Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,452,712
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,124 /month
Positive
Cash Flow Estimate:
$2,708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$915/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,214
$975,000
2025
$641,520
$333,480
$975,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,214
$975,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$450,000
No
First
Jan 4, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$431,005
$1,092,995
71%
32%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$3,048/mo
+$202/mo
2.9%

Learn About the Market: Opportunity in Houston

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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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12421 Perthshire Rd | Property Details | No Agent List