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$349,000

NAL Estimated Property Value

12502 Millway Dr, Houston, TX, 77070

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,547 Sq Ft
price_per_sqft$125.64 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size9,200 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1144640010010
Lot Number10
SubdivisionMillridge North
Land UseResidential
Legal DescriptionLT 10 BLK 1 MILLRIDGE NORTH SEC 2
Census Tract552502
Assessed Land Value$70,140
Assessed Improvement Value$246,124
Assessment Year2025

About this property

COME SEE TODAY! Corner lot, 4 bedroom, 2.5 bath house centrally located in the Cypress Area! BRAND NEW FLOORING THROUGHOUT - NEW CARPET, NEW TILE, NEW WOOD-LOOK LUXURY VINYL PLANK! ALL bathrooms and Kitchen remodeled - BRAND NEW cabinets, fixtures and flooring await you! ALL NEW STAINLESS STEEL APPLIANCES IN KITCHEN! Dishwasher, refrigerator, electric range and vent hood microwave! Kitchen has breakfast bar into formal dining. HUGE Master Suite is located downstairs - includes gas connection fireplace in master suite. 2nd Fireplace is gas log and is located in Family Room, downstairs off of kitchen! All bedrooms have tons of closet space and are very roomy! Game room is located on the second floor and overlooks formal dining, living and entryway. Large back and front yards! House has never flooded.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$281,927Estimated Mortgage Balance
$67,073Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$352/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,682
$316,264
2025
$70,140
$246,124
$316,264
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,682
$316,264

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Va
$304,187
Yes
First
Jun 29, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,927
$58,073
17%
81%
$1,824/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,176/mo
+$564/mo
9.4%

City: Houston