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$287,000

NAL Estimated Property Value

12602 Folklore Way, Stafford, TX, 77477

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths2,166 Sq Ft
Multi FamilyMulti Family
price_per_sqft$119.58 / sqft
Year BuiltBuilt in 1977

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size12,188 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN0860960000019
Lot Number19
SubdivisionMissouri City Estates
Land UseResidential
Legal DescriptionLT 19 BLK 4 MISSOURI CITY ESTATES
Census Tract440102
Assessed Land Value$55,213
Assessed Improvement Value$184,787
Assessment Year2025

About this property

Multiple Offers- please submit BEST and Final by Saturday 10/22 at 1pm** Brick duplex, remodeled units, spacious 3-bedroom 2-bath units, one unit kept vacant for the purpose of showing, separate driveways and separate detached garages for each unit. Corner lot, ideal for an investor or an owner occupant that wants to live in one unit and keep the other unit rented! Sold AS IS. Great investment opportunity!

Investor Tools

Property Icon
$287,000
Estimated Property Value
$248,794Estimated Mortgage Balance
$38,206Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,360
$240,000
2025
$55,213
$184,787
$240,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,360
$240,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Fha
$265,109
Yes
First
Jan 6, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,794
$38,206
13%
87%
$1,590/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Stafford

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12602 Folklore Way | Property Details | No Agent List