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Owner Contacts

$340,232

12506 Millbanks Dr, Houston, TX, 77031

Off Market

4 Beds

2 Bath

2,074 Sq Ft

Single Family Residence

$134.47 / sqft

Built in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Washer

FlooringTile

Exterior

Lot Size13,708 sqft

Building Information

Year Built1973

Stories1

Garage Spaces2

Land Information

APN1054780000013

Lot Number13

SubdivisionGlenshire

Land UseResidential

Legal DescriptionLT 13 BLK 19 GLENSHIRE SEC 5

Census Tract440102

Assessed Land Value$91,409

Assessed Improvement Value$248,823

Assessment Year2025

About this property

Beautiful 4 Bedroom, One Story Home, located on Magnificent .315 Acre Cul-de-Sac lot in Desirable Glenshire. Expansive open floorplan with Updates thru-out. NO CARPET. Family Room w/ Vaulted Ceiling, Wood-Plank Tile floors, Corner Fireplace & Skylights that welcome Natural Light. Formal Dining w/ Built-In Buffet. Sleek Kitchen: Stainless Appl, Dble Ovens, 5-Burner Gas Cooktop & Undercabinet Lighting. Extra Room off Utility can be Craft Rm, Huge Pantry/Storage, or Pet Palace. Executive Owner’s Retreat w/ room for King-size furnishings. Updated Spa Bath: Dual Sinks, Walk-In Shower, and Brilliant Lighting. Spacious Secondary Bedrooms offer plenty of storage & room to grow. Cobblestone Back Patio and Private Backyard w/ Room for Pool, Play Area, Soccer and More. Enjoy the Garden, Fig & Pecan Trees. Lg 8x8 Work Shop / Storage Room w/ Shelving & Electricity. Refrigerator, Washer & Dryer Incl. Easy walk to neighborhood Pool, Park and Tennis Courts. Ride bike to Elementary School. A Must See!

Investor Tools

$340,232

Estimated Property Value

$0Estimated Mortgage Balance

$340,232Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,041 /month

Positive

Cash Flow Estimate:

$680 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$498/month

$461/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,276

$340,232

2025

$91,409

$248,823

$340,232

Tax History

Year

Tax Paid

Assessed Value

2024

$4,276

$340,232

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$340,232

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$461/mo

+$1,765/mo

7.9%

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