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$1,001,000

NAL Estimated Property Value

12514 Queensbury Ln, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$359.78 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringStone, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size6,456 sqft

Building Information

Year Built1965
Stories2
Garage Spaces2

Land Information

APN0950460000040
Lot Number40
SubdivisionMemorial Meadows
Land UseResidential
Legal DescriptionLT 40 BLK 2 MEMORIAL MEADOWS
Census Tract430800
Assessed Land Value$614,706
Assessed Improvement Value$245,596
Assessment Year2025

About this property

Two story home tucked on a cul-de-sac, located in one of Houston’s most desirable areas and zoned to Bunker Hill Elementary, Memorial Middle and Memorial High. Downstairs offers a formal living and dining with walls of built-in shelving, Family Room with gas log fireplace, spacious Kitchen with granite, gas cooktop and stainless steel microwave & oven. Breakfast room overlooks the backyard and sunroom. Large sunroom with tongue and groove ceiling and access to backyard complete with raised bed gardens. Upstairs features the primary bedroom with updated en-suite bath featuring a large shower + wall of storage. Study off of primary bedroom with built-ins. Two additional bedrooms each with great closets and updated second bath. No carpet! Fresh paint 11/2023!

Investor Tools

Property Icon
$1,001,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,001,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,006 /month
Positive
Cash Flow Estimate:
$2,002 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,169/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,023
$860,302
2025
$614,706
$245,596
$860,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,023
$860,302

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,043,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$180/mo
+$2,340/mo
3.0%

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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12514 Queensbury Ln | Property Details | No Agent List