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$340,232

NAL Estimated Property Value

12506 Millbanks Dr, Houston, TX, 77031

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,074 Sq Ft
price_per_sqft$134.47 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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
No

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%
$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%

City: Houston

12506 Millbanks Dr | Property Details | No Agent List