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$550,000

12530 Olympia Drive, Houston, TX, 77077

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,374 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.68 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Cooktop
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size7,993 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1122940000024
Lot Number24
SubdivisionAshford Hollow
Land UseResidential
Legal DescriptionLT 24 & TR 23B BLK 4 ASHFORD HOLLOW SEC 1
Census Tract451301
Assessed Land Value$150,920
Assessed Improvement Value$247,353
Assessment Year2025

About this property

4/2.5/2D: Total restoration from floor to ceiling. Desirable corner lot. From the replastered swimming pool, w/stamped concrete copings & tile surround, &/2nd drain added to pool, on to new fence across the back of the lot, new ext. lighting, landscaping, GAF 30 year roof, gutters/downspouts, sidewalk, etc., inside you'll find one large living area w/offset wood burning fire place/hearth, the beauty of natural light w/windows stretching from floor to ceiling, & vaulted ceiling w/recessed can lighting. You'll marvel at the kitchen w/ight gray quartz countertops, island surfaced in quartz w/eat at bar & overhead pendant lighting, undermount SS sink, new SS appliances: GE dishwasher, French door refrigerator, double oven, & 5 burner gas cooktop. Backsplash of glass tile, undermount lighting, luxury vinyl flooring thru-out, new fixtures/mirrors thru-out. Quartz counters in bathrooms. Primary bath features custom buildout on shower w/barnyard door. Need I say more?

Investor Tools

$24,842Estimated Mortgage Balance
$373,431Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Jean Shabot

Berkshire Hathaway HomeServices Premier Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,700
$398,273
2025
$150,920
$247,353
$398,273
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,700
$398,273

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Credit Line (Revolving) / Heloc
$65,000
No
First
N/A
Jan 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,842
$373,431
93%
6%
$291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$741/mo
+$2,139/mo
8.7%

City: Houston