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$229,000

NAL Estimated Property Value

12518 Lima Dr, Houston, TX, 77099

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,616 Sq Ft
price_per_sqft$136.08 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size7,932 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN1047170000053
Lot Number53
SubdivisionBrookfield
Land UseResidential
Legal DescriptionLT 53 BLK 13 BROOKFIELD SEC 1 R/P A & EXTN
Census Tract453702
Assessed Land Value$41,484
Assessed Improvement Value$175,934
Assessment Year2025

About this property

No more showing May 5, 2022 at 4:30 PM.Take a look at this 4 bedroom 3 bath in a quiet neighborhood in Southwest Houston. This single family home features ceramic tile through-out with the exception of the bedrooms. Updates to the roof and AC system were completed in 2019. The fourth bedroom was previously added it on. Although the home is located in a flood zone, it has never been impacted. Perfect for a first time home buyer or an investor. This home is offered AS-IS.

Investor Tools

Property Icon
$229,000
Estimated Property Value
$0Estimated Mortgage Balance
$229,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,729
$217,418
2025
$41,484
$175,934
$217,418
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,729
$217,418

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$235,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$300/mo
+$1,422/mo
9.0%

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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12518 Lima Dr | Property Details | No Agent List