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$317,000

12531 Fleet River Rd Fl Eet, Houston, TX, 77047

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.31 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size7,985 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1503760010038
Lot Number38
Land UseResidential
Legal DescriptionLT 38 BLK 1 CITY GATE SEC 1
Census Tract331502
Assessed Land Value$56,305
Assessed Improvement Value$233,205
Assessment Year2025

About this property

Charming 4-Bedroom Home for Rent in CityGate Community! Located minutes from the medical center and with easy access to 288, this spacious four-bedroom, two-bathroom home is perfect for anyone seeking comfort and convenience. The home boasts a bright and airy open floor plan, ideal for entertaining, and includes a modern kitchen with ample storage. Step outside to the beautiful backyard, a serene retreat for outdoor relaxation or weekend gatherings. Situated in a highly sought-after community, this home offers proximity to top-rated schools, parks, shopping, and dining. Don’t miss the opportunity to make this your new home!

Investor Tools

Property Icon
$317,000
Estimated Property Value
$215,992Estimated Mortgage Balance
$122,401Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,848
$289,510
2025
$56,305
$233,205
$289,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,848
$289,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$215,992
No
First
Mar 19, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,599
$122,401
38%
61%
$1,295/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,295/mo
+$705/mo
7.6%

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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12531 Fleet River Rd Fl Eet | Property Details | No Agent List