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$992,000

NAL Estimated Property Value

12515 Woodthorpe Ln, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.32 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,704 sqft

Building Information

Year Built1965
Stories2
Garage Spaces2

Land Information

APN0950460000007
Lot Number7
SubdivisionMemorial Meadows
Land UseResidential
Legal DescriptionLT 7 BLK 2 MEMORIAL MEADOWS
Census Tract430800
Assessed Land Value$621,033
Assessed Improvement Value$164,532
Assessment Year2025

About this property

Explore this enchanting home located in highly coveted Memorial Meadows zoned to Bunker Hill Elementary, Memorial Middle, & Memorial HS in SBISD. No back neighbors! Roof 2025, Upstairs Floors July 2025, Interior Paint July 2025, Downstairs Floors 2024, Filtered Drinking Water System, Pex Plumbing, & more. Situated on a cul-de-sac, the property offers an easy-flow floorplan w/ spacious family room, dining, office, & large kitchen complete w/ breakfast room, pantry, & May 2025 Bosch Refrigerator. Plantation shutters & adaptable layout throughout. Family room is adorned with built-in shelving, wood beams, & fireplace. Primary suite includes walk-in closet, plantation shutters, & private bath. 3 guest bedrooms provide ample closet space & plantation shutters. Guest bath (upgraded July 2025) features dbl sinks, tub/shower combo. Outside, a generous patio provides an ideal space for relaxation, complemented by the convenience of a sprinkler system. Do not miss this incredible opportunity!

Investor Tools

Property Icon
$992,000
Estimated Property Value
$297,537Estimated Mortgage Balance
$694,463Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,952 /month
Positive
Cash Flow Estimate:
$1,984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,003/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,073
$785,565
2025
$621,033
$164,532
$785,565
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,073
$785,565

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$304,100
No
First
Apr 23, 2013
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,537
$652,463
68%
30%
$1,185/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$1,185/mo
+$2,065/mo
3.9%

City: Houston

12515 Woodthorpe Ln | Property Details | No Agent List