28Days on Market

1view

$287,500

12538 Greensbrook Forest Drive, Houston, TX, 77044

On Market

5 Beds

3 Bath

3,039 Sq Ft

Single Family Residence

$94.6 / sqft

Built in 2010

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Dishwasher

Exterior

Lot Size5,249 sqft

Building Information

Year Built2010

Garage Spaces2

Land Information

APN1247110050010

Lot Number10

SubdivisionGreensbrook

Land UseResidential

Legal DescriptionLT 10 BLK 5 GREENSBROOK SEC 5

Census Tract232303

Assessed Land Value$40,365

Assessed Improvement Value$245,301

Assessment Year2025

About this property

Welcome to 12538 Greensbrook Forest Drive, a home built for those who appreciate a large-scale, open floor plan. This sprawling residence features five bedrooms, two and a half baths, and a flexible extra room that serves perfectly as a quiet study or additional bedroom - all within over 3,000 square feet of versatile living space. The second floor is a dedicated entertainment hub, housing both a game room and a private media theater. A standout feature of this property is its location in Section 5, which has operated without HOA bylaws or governing oversight for a decade—offering a rare level of residential freedom. Only five minutes from recreation at Lake Houston and Deussen Park, this property balances massive interior volume with a prime location near shopping and outdoor adventure.

Investor Tools

$130,347Estimated Mortgage Balance

$156,653Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,725 /month

Positive

Cash Flow Estimate:

$575 /month

Interested in this property?

Anthony Ejofor

Keller Williams Signature

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$196/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$915

$285,666

2025

$40,365

$245,301

$285,666

Tax History

Year

Tax Paid

Assessed Value

2024

$915

$285,666

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wr Starkey Mortgage Llp

$165,000

Yes

First

Jul 12, 2016

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$130,347

$156,653

54%

45%

$990/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,790/mo

$990/mo

+$1,800/mo

11.7%

Learn About the Market: Opportunity in Houston

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