$971,000
NAL Estimated Property Value12602 Rocky Meadow Dr, Houston, TX, 77024
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size8,830 sqft
Building Information
Year Built1967
Garage Spaces2
Land Information
APN0965030000037
Lot Number37
SubdivisionFonn Villas
Land UseResidential
Legal DescriptionLT 37 BLK 1O FONN VILLAS SEC 5
Census Tract430800
Assessed Land Value$693,160
Assessed Improvement Value$171,140
Assessment Year2025
About this property
2 Story 4/2.5 on quite cul-del-sac featuring breakfast nook, formal dining, family room with fireplace, master bed up, nice large backyard with a 2 car detached garage. Located near City Centre and Memorial City a must see!
Investor Tools
$971,000
Estimated Property Value
$583,802Estimated Mortgage Balance
$387,198Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,826 /month
Positive
Cash Flow Estimate:
$1,942 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,146/month
$650/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,898
$864,300
2025
$693,160
$171,140
$864,300
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,898
$864,300
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$621,000
No
First
Feb 8, 2023
Mar 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$583,802
$418,198
41%
60%
$3,724/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$4,374/mo
$-1,124/mo
4.0%
