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$166,000

12445 Parkey Lane, Houston, TX, 77015

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,116 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.25 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size5,210 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN0670800310020
Lot Number20
SubdivisionWoodland Acres Annex
Land UseResidential
Legal DescriptionLT 20 BLK 15 WOODLAND ACRES ANNEX SEC 5
Census Tract233703
Assessed Land Value$43,844
Assessed Improvement Value$107,147
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 1-bath residence nestled in the established Woodland Acres community of Galena Park. Thoughtfully updated and move-in ready, this home blends timeless character with modern finishes. Step inside to a spacious living room designed for both comfort and entertaining, highlighted by classic crown molding, stylish updated flooring, and recessed lighting that creates a warm, inviting atmosphere. The beautifully renovated kitchen features granite countertops, stainless steel appliances, and a sleek subway tile backsplash—perfect for preparing meals with ease and style. Each bedroom offers plush carpeting, ceiling fans, and a cozy retreat for rest and relaxation. The functional layout maximizes every square foot, providing comfortable everyday living. Outside, an attached carport and front driveway offer convenient covered parking. Located in a well-established neighborhood with access to major roadways, this Woodland Acres gem is ready to welcome you home.

Investor Tools

Property Icon
$166,000
Estimated Property Value
$0Estimated Mortgage Balance
$19,092Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,523
$150,991
2025
$43,844
$107,147
$150,991
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,523
$150,991

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Funder Llc Series 97577
Commercial
$150,000
No
First
Apr 10, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,908
$19,092
11%
88%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$900/mo
+$822/mo
12.4%

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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12445 Parkey Lane | Property Details | No Agent List