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B+

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1view

$231,000

12519 Orleans St, Houston, TX, 77015

Off Market

4 Beds

2 Bath

1,451 Sq Ft

Single Family Residence

$1.31 / sqft

Built in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringTile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1980

Stories1

Garage Spaces2

Land Information

APN1146910080007

Lot Number7

SubdivisionRiviera East

Land UseResidential

Legal DescriptionLT 7 BLK 8 RIVIERA EAST SEC 4

Census Tract232802

Assessed Land Value$43,538

Assessed Improvement Value$146,589

Assessment Year2025

About this property

Welcome to this beautifully updated home in Riviera East, one of Houston’s most peaceful and family-friendly neighborhoods. Known for its diversity, cleanliness, and easy freeway access, Riviera East offers a warm, welcoming atmosphere you’ll love. Inside, you’ll find a gourmet kitchen, modern finishes in the kitchen and two bathrooms, and three spacious bedrooms. A centrally located fireplace adds charm to the open living area, complemented by neutral tones throughout. This home also features a brand-new roof, offering peace of mind for years to come. Enjoy a large backyard with a covered patio, ideal for entertaining or relaxing. Zoned to highly regarded schools known for their academics and athletic excellence, this renovated home is move-in ready and perfectly located. Don’t miss your chance to own a stylish, comfortable home in a vibrant, friendly community. Schedule your showing today!

Investor Tools

$231,000

Estimated Property Value

$221,255Estimated Mortgage Balance

$0Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,386 /month

Positive

Cash Flow Estimate:

$462 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$234/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,648

$190,127

2025

$43,538

$146,589

$190,127

Yes (2014)

Tax History

Year

Tax Paid

Assessed Value

2024

$1,648

$190,127

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Notes Llc

Commercial

$150,000

First

Jun 27, 2025

Dec 2025

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$586,237

N/A

254%

$3,554/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,554/mo

$-1,832/mo

8.9%

Learn About the Market: Opportunity in Houston

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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.

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