$3,500
12502 Queensbury Ln, Houston, TX, 77024
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Oven, Gas Cooktop
Exterior
Lot Size7,910 sqft
Building Information
Year Built1967
Stories1
Garage Spaces2
Land Information
APN0950460000043
Lot Number43
SubdivisionMemorial Meadows
Land UseResidential
Legal DescriptionLT 43 BLK 2 MEMORIAL MEADOWS
Census Tract430800
Assessed Land Value$583,504
Assessed Improvement Value$137,142
Assessment Year2025
About this property
Welcome to 12502 Queensbury Lane, ideally situated in the heart of Houston’s highly sought-after Memorial area. Nestled on a desirable corner lot along a quiet cul-de-sac in Memorial Meadows, this charming single-story home offers 3 bedrooms, 2 full baths, more than 2,000 square feet of living space, and a detached two-car garage, all surrounded by mature trees and established neighborhood streets.
Investor Tools
$0Estimated Mortgage Balance
$861,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,166 /month
Positive
Cash Flow Estimate:
$1,722 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$876/month
$220/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,211
$720,646
2025
$583,504
$137,142
$720,646
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,211
$720,646
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$967,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$220/mo
+$2,300/mo
3.5%
