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$995,000

12510 Woodthorpe Ln, Houston, TX, 77024

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$456.42 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size7,344 sqft

Building Information

Year Built1965
Garage Spaces2

Land Information

APN0950460000011
Lot Number11
SubdivisionMemorial Meadows
Land UseResidential
Legal DescriptionLT 11 BLK 2 MEMORIAL MEADOWS
Census Tract430800
Assessed Land Value$624,325
Assessed Improvement Value$192,659
Assessment Year2025

About this property

Tucked away on a quiet cul-de-sac in Memorial Meadows, this beautifully expanded and renovated traditional home offers the perfect blend of timeless charm and modern functionality. This 3-bedroom, 2-bath home features rich hardwood floors, an open-concept Dining and Family room, and an expanded Family Room that creates exceptional flow for everyday living and entertaining. The spacious primary suite has also been enlarged, providing a comfortable private retreat. The chef's kitchen is outfitted with a premium Jenn-Air appliance package, including a gas range, a stainless-steel refrigerator, and a warming drawer. Both bathrooms have been tastefully updated with quality finishes. Impeccably maintained and zoned to highly acclaimed Spring Branch ISD schools, including Bunker Hill Elementary, Memorial Middle School, and Memorial High School, this home is move-in ready and offers an outstanding opportunity in a sought-after location.

Investor Tools

$187,922Estimated Mortgage Balance
$662,078Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

Interested in this property?

Inga Smith

Martha Turner Sotheby's International Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,626
$816,984
2025
$624,325
$192,659
$816,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,626
$816,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$191,000
No
First
Sep 8, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,922
$662,078
77%
22%
$1,146/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,366/mo
+$1,154/mo
3.6%

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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