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$220,000

12427 S Rachlin Cir, Houston, TX, 77071

Under ContractInfo
Beds2 Beds
Baths2 Bath
Baths1,580 Sq Ft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

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

Exterior

Lot Size3,720 sqft

Building Information

Year Built1991
Stories2
Garage Spaces2

Land Information

APN1143400020023
Lot Number23
SubdivisionGessport Patio Homes R/P
Land UseResidential
Legal DescriptionLT 23 BLK 2 GESSPORT PATIO HOMES R/P
Census Tract423600
Assessed Land Value$46,930
Assessed Improvement Value$188,293
Assessment Year2025

About this property

Charming cozy 2-bedroom, 2-bath home with great potential and ready for its new chapter in a desirable Houston location. This property features a spacious living area with vaulted ceilings, abundant natural light, and a cozy fireplace. Functional layout includes a dining area and kitchen with ample cabinet space. Generously sized bedrooms and two full baths offer comfort and convenience. Enjoy a private, fenced backyard, perfect for relaxing or entertaining. Ideal opportunity for buyers looking to add personal touches or invest. short drive to near shopping centers, dining, and major roadways.

Investor Tools

$170,586Estimated Mortgage Balance
$64,637Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,411 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
$577/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,052
$235,223
2025
$46,930
$188,293
$235,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,052
$235,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$181,649
Yes
First
Dec 10, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,586
$64,637
27%
73%
$1,138/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,715/mo
+$7/mo
8.8%

City: Houston

12427 S Rachlin Cir | Property Details | No Agent List