B+

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Owner Contacts

$293,675

NAL Estimated Property Value

12514 Tammarack Dr, Houston, TX, 77013

Off Market

3 Beds

2 Bath

1,922 Sq Ft

Single Family Residence

$145.16 / sqft

Built in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Cooktop, Electric Range, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size22,751 sqft

Building Information

Year Built1975

Stories1

Garage Spaces2

Land Information

APN0964070000005

Lot Number5,6

SubdivisionTammarack Woods

Land UseResidential

Legal DescriptionLTS 5 & 6 BLK 2 TAMMARACK WOODS

Census Tract232704

Assessed Land Value$103,056

Assessed Improvement Value$190,619

Assessment Year2025

About this property

MULTIPLE OFFERS ON THE PROPERTY...PLEASE SUBMIT HIGHEST AND BEST BY THURSDAY 4-7-22 2 3:00PM CALL/TEXT AGENT WHEN SUBMITTED GREAT VALUE!! GREAT LOCATION! Easy access to I-10 & Hwy 90! Close to restaurants, shopping and public transportation!! Must see this lovely, spacious, well-kept home on two large lots (over 1/2 acre) in the desirable neighborhood of Tammarack Woods. Large, fenced backyard with large, covered patio! All brick 3-2-2 with very large bedrooms & living area, open kitchen & dining room, electric range top and oven, butcher block countertops, and much more. Large circle driveway for plenty of parking! The residents in this neighborhood take pride in their homes and it shows! You won't find many like this!

Investor Tools

$293,675

Estimated Property Value

$255,315Estimated Mortgage Balance

$38,360Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,762 /month

Positive

Cash Flow Estimate:

$587 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$452/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,952

$293,675

2025

$103,056

$190,619

$293,675

Yes (2023)

Tax History

Year

Tax Paid

Assessed Value

2024

$3,952

$293,675

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Hancock Mortgage Partners Llc

Conventional

$275,975

First

May 9, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$255,315

$38,360

13%

87%

$1,655/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,655/mo

+$67/mo

7.0%

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