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$290,000

12431 Heritage Grove Drive, Houston, TX, 77066

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,929 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.34 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size9,757 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1200930020029
Lot Number29
SubdivisionKleinbrook
Land UseResidential
Legal DescriptionLT 29 BLK 2 KLEINBROOK SEC 4
Census Tract550902
Assessed Land Value$50,301
Assessed Improvement Value$210,802
Assessment Year2025

About this property

This three-bedroom, two-bathroom home in the Kleinbrook subdivision features laminate flooring throughout, tile in wet areas, and no carpet. The primary bath offers double sinks with a separate tub and shower. Exterior highlights include a large corner lot, a spacious backyard, and a deck requiring TLC. Recent updates include the roof (2019) and the A/C condenser (5 years old).

Investor Tools

$66,207Estimated Mortgage Balance
$210,793Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

Interested in this property?

Jane Nguyen

Alpha, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
$276/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,543
$261,103
2025
$50,301
$210,802
$261,103
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,543
$261,103

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Arm (Adjustable Rate Mortgage)
$86,400
No
First
Apr 15, 2014
May 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,207
$210,793
76%
24%
$478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$754/mo
+$1,146/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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12431 Heritage Grove Drive | Property Details | No Agent List