50Days on Market

1view

$515,000

12511 Nova Dr, Houston, TX, 77077

On Market

4 Beds

3 Bath

2,005 Sq Ft

$256.86 / sqft

Built in 1970

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Electric Oven, Freestanding Oven, Microwave, Electric Range, Dishwasher

FlooringTile, Vinyl Plank

Exterior

Exterior FeaturesSprinkler System

Lot Size10,642 sqft

Building Information

Year Built1970

Stories1

Garage Spaces2

Land Information

APN1021140000009

Lot Number9

SubdivisionAshford South

Land UseResidential

Legal DescriptionLT 9 BLK 11 ASHFORD SOUTH SEC 3

Census Tract451302

Assessed Land Value$119,860

Assessed Improvement Value$147,434

Assessment Year2025

About this property

Straight out of the pages of HGTV, Elegance & Sophistication meets Luxury & Value in this Renovated Ranch. Extensively remodeled, this Beautiful home has a layout designed for easy living & entertaining. Welcomed by Luscious Landscaping & the New Front door, you're welcomed inside by the New Luxury Vinylplank flooring, great sight lines & Amazing Architectural Details! Natural light pours in through the NEW Double-paned windows looking out on the New Oversized patio & Louvered Pergola. The redesigned kitchen is a chef's dream w/NEW Cabinets, accented by TajMahal counters & Stone backsplash, & New Stunning Stainless appliances. The Palatial Primary Bedroom boasts A COLOSSAL Closet w/ custom built-ins and a 72" double-sink Vanity & large Linen Closet. You won't want to leave the ensuite wet room with the Spacious Shower and Soaking Tub w/Backlit Niches! Other updates include NEW Roof, NEW PEX Plumbing, NEW UNDERGROUND SEWER LINES, NEW Electrical, NEW Driveway, and Much More!

Investor Tools

$697,864Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,090 /month

Positive

Cash Flow Estimate:

$1,030 /month

Interested in this property?

Genevieve Rowland

Keller Williams Memorial

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$153/month

$848/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$82

$267,294

2025

$119,860

$147,434

$267,294

Tax History

Year

Tax Paid

Assessed Value

2024

$82

$267,294

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Houston West Management Llc

Purchase Money Mortgage

$352,000

First

Jan 19, 2026

Jul 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$697,864

N/A

199%

$4,222/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$5,070/mo

$-2,190/mo

9.9%

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