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$310,000

12523 Fleet River Road, Houston, TX, 77047

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.8 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size6,804 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN1503760010037
Lot Number37
Land UseResidential
Legal DescriptionLT 37 BLK 1 CITY GATE SEC 1
Census Tract331502
Assessed Land Value$55,002
Assessed Improvement Value$233,110
Assessment Year2025

About this property

It's time to enjoy the Gated Community of City Gate where The HOA is responsible for maintaining the front yard! This Charming home The Boston Floor Plan by D.R. Horton is absolutely stunning! 1 Story home w/2 Car Garage, Front Yard Sod & irrigation system on Over-sized Lot! High Ceilings & Gorgeous Wood Looking Plank Vinyl Floors Throughout & Carpeting in all bedrooms! Amazing Family Room w/Wall of Windows overlooking Covered Patio & flows gracefully into the Casual Dining area & Gourmet Kitchen featuring Gorgeous Quartz Counters, Stainless Appliances, Tall Cabinets, Eat-in & Working Station Island w/Under-mount Stainless Sink & more! Primary Suite w/Luxurious Bath w/Huge Shower & Huge Walk-in Closet! 2 Guest Bedrooms & 1 Full Bath! Energy Efficient Home & is HERS Rated! LOW LOW BILLS! Control your home from anywhere w/"Smart Home Automation System" w/Echo Dot, Skybell, Wireless Security exterior doors, electronic deadbolt, smart thermostat & more! No Flooding! Call us today!

Investor Tools

Property Icon
$310,000
Estimated Property Value
$0Estimated Mortgage Balance
$99,186Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,840
$288,112
2025
$55,002
$233,110
$288,112
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,840
$288,112

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$233,990
No
First
Mar 30, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,814
$99,186
31%
68%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$2,603/mo
$-603/mo
7.7%

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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12523 Fleet River Road | Property Details | No Agent List