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Owner Contacts

$312,000

12537 Walmgate Ct, Houston, TX, 77047

Off Market

3 Beds

3 Bath

1,813 Sq Ft

Single Family Residence

$171.55 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size5,001 sqft

Building Information

Year Built2020

Garage Spaces2

Land Information

APN1410060010081

Lot Number81

Land UseResidential

Legal DescriptionLT 81 BLK 1 CITY GATE SEC 2

Census Tract331502

Assessed Land Value$53,020

Assessed Improvement Value$256,518

Assessment Year2025

About this property

New Construction IN GATED COMMUNITY by D.R. Horton, the Denver Plan with updated Chic, Modern designs that will "wow" you! This lovely 2 Story Home features 3 Bedroom & 2 1/2 Baths! Upon entry you will be greeted w/High Ceilings, Luxurious Plank Vinyl Floors Throughout & Luxurious Carpeting in all bedrooms! Huge Family Room w/Wall of Windows overlooking Covered Patio & flows gracefully into the Casual Dining & Gourmet Kitchen w/Gorgeous Siltstone Counters, Stainless Appliances, Tall Cabinets, Eat-in & Working Station Breakfast Bar w/Under-mount Stainless Sink & more! Primary Suite Downstairs w/Luxurious Bath featuring Huge Shower & Walk-in Closet! Huge Game Rm, 2 Bedrooms & 1 Full Bath Upstairs! Energy Efficient Home: HERS Rated & features the"Smart Home Automation System" which allows you to control your Skybell, Wireless Security, exterior doors, electronic deadbolt, smart thermostat & more from anywhere via Echo Dot!The HOA is responsible for maintaining the Front Yard! No Flooding

Investor Tools

$312,000

Estimated Property Value

$289,750Estimated Mortgage Balance

$48,409Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,872 /month

Positive

Cash Flow Estimate:

$624 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$479/month

$1,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,187

$309,538

2025

$53,020

$256,518

$309,538

Tax History

Year

Tax Paid

Assessed Value

2024

$4,187

$309,538

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Dhi Mortgage Company Ltd

Conventional

$289,750

First

Aug 4, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$263,591

$55,409

17%

84%

$1,738/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,000/mo

$2,938/mo

$-938/mo

7.7%

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