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$1,474,360

NAL Estimated Property Value

12422 Cobblestone Dr, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,101 Sq Ft
price_per_sqft$430.51 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size10,559 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0952600000006
Lot Number6
SubdivisionFrostwood
Land UseResidential
Legal DescriptionLT 6 BLK 2O FROSTWOOD SEC 3
Census Tract430800
Assessed Land Value$760,609
Assessed Improvement Value$713,751
Assessment Year2025

About this property

Nestled in a spacious cul-de-sac lot in the prestigious Memorial area, this beautiful home is surrounded by tall timber trees offering shade and serenity. The expansive front yard features a private mini putting green — perfect for outdoor enjoyment. Inside, you'll find an open-concept design filled with natural light, ideal for both everyday living and entertaining. The layout is thoughtfully planned for comfort and flow. Recent upgrades include a new dishwasher, vent hood, and a full water softener system. Zoned to highly rated Memorial Middle and High School, both within walking distance. Centrally located with quick access to I-10, minutes to the city center, upscale shopping, and fine dining. This is your chance to live in one of Houston’s most desirable neighborhoods!

Investor Tools

Property Icon
$1,474,360
Estimated Property Value
$989,316Estimated Mortgage Balance
$485,044Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,846 /month
Positive
Cash Flow Estimate:
$2,949 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,437/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,876
$1,474,360
2025
$760,609
$713,751
$1,474,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,876
$1,474,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$1,004,000
No
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$989,316
$485,044
32%
67%
$6,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$6,395/mo
$-3,145/mo
2.6%

City: Houston

12422 Cobblestone Dr | Property Details | No Agent List