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$225,000

12554 Versailles Drive, Houston, TX, 77015

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,595 Sq Ft
price_per_sqft$141.07 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,132 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1146910080001
Lot Number1
SubdivisionRiviera East
Land UseResidential
Legal DescriptionLT 1 BLK 8 RIVIERA EAST SEC 4
Census Tract232802
Assessed Land Value$55,458
Assessed Improvement Value$160,763
Assessment Year2025

About this property

Located on an oversized corner lot in Riviera East, this single-story traditional home offers 1,595 sq ft with 3 bedrooms and 2 full baths. Recently renovated, the home features new cabinets, updated countertops, new flooring, fresh interior paint, and improvements throughout. The spacious living area includes a fireplace and connects to the kitchen/dining combo, creating an ideal open flow for everyday living and entertaining. All bedrooms are on the first floor, including a primary suite with en-suite bath and walk-in closet. A large backyard provides ample space for outdoor improvements or expansion. Two-car attached garage, slab foundation, composition roof, and public utilities. Solar panels with battery are installed on the property.

Investor Tools

Property Icon
$216,221
Estimated Property Value
$0Estimated Mortgage Balance
$180,795Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,815
$216,221
2025
$55,458
$160,763
$216,221
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,815
$216,221

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Credit Line (Revolving) / Heloc
$57,000
No
First
Aug 13, 2010
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,426
$180,795
83%
16%
$342/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$342/mo
+$1,380/mo
9.6%

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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12554 Versailles Drive | Property Details | No Agent List