2Days on Market

1view

$162,900

$174,900

12607 Bauman Rd, Houston, TX, 77037

On Market

Just Added

Price Drop

3 Beds

2 Bath

1,036 Sq Ft

Single Family Residence

$157.24 / sqft

Built in 1962

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating

AppliancesGas Range, Oven

FlooringVinyl

Exterior

Lot Size9,522 sqft

Building Information

Year Built1962

Stories1

Garage Spaces2

Land Information

APN0942340000002

Lot Number2

SubdivisionMelrose Park

Land UseResidential

Legal DescriptionLT 2 BLK 7 MELROSE PARK SEC 2

Census Tract221701

Assessed Land Value$47,495

Assessed Improvement Value$101,385

Assessment Year2025

About this property

Come see this wonderful and move-in ready home in the Melrose Park subdivision! Freshly applied paint interior and exterior. New 200 Amp breaker box installed. NEW HVAC. New ceiling fans and light fixtures throughout. Durable and waterproof vinyl plank flooring in the entire home–completely carpet-free. Spacious backyard is fenced-in with storage shed. Engineer’s report available showing no foundation repair needed. NO HOA. NO MUD. LOW TAX RATE. 1-year home warranty included. 10-minutes to Keith-Wiess Park. Less than 20-minutes to Downtown, IAH airport, and Memorial Park area. Don’t miss the opportunity to own this amazing property!

Investor Tools

$109,523Estimated Mortgage Balance

$39,517Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$977 /month

Positive

Cash Flow Estimate:

$326 /month

Interested in this property?

Laya Zachariah

Texas Signature Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$72/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$125

$148,880

2025

$47,495

$101,385

$148,880

Tax History

Year

Tax Paid

Assessed Value

2020

$125

$148,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Inspira Financial Trust Llc

Unknown

$110,000

First

Apr 29, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$109,523

$49,477

31%

74%

$660/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$660/mo

+$1,062/mo

13.9%

Learn About the Market: Opportunity in Houston

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