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$348,000

NAL Estimated Property Value

12615 Watercress Park, Houston, TX, 77041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,988 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.09 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,325 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1209870020021
Lot Number21
SubdivisionVillages At Lakepointe
Land UseResidential
Legal DescriptionLT 21 BLK 2 VILLAGES AT LAKEPOINTE SEC 2
Census Tract540102
Assessed Land Value$70,273
Assessed Improvement Value$221,742
Assessment Year2025

About this property

One Story Well Maintained Quality David Powers Home Nestled on a Private Culdesac Street with Lush Landscaping! Conveniently Located to the Energy Corridor off Eldridge, Within 10 Miles of W Med Center and 20 Miles of Downtown. Recent Interior and Exterior Paint, Ceiling Fans, and Recently Replaced HVAC, Roof. Tile and Wood/Laminate Floors Throughout. Large Living Area Open to the Kitchen and Formal Dining Room. Study or Possible 4th bedroom off Entry. Refrigerator, Washer and Dryer Can Remain. Corian Counters in Kitchen with Gas Cooktop. Split Floorplan with Large Walk in Closet in Primary Bedroom and Separate Tub and Shower. Low Maintenance Brick Home on All Sides. Cy Fair Schools! Subdivision Amenities Include Splash Pad, Pool, Lake, Clubhouse and Playground. Hurry this won't last long!

Investor Tools

Property Icon
$348,000
Estimated Property Value
$298,263Estimated Mortgage Balance
$49,737Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
$1,006/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$95
$292,015
2025
$70,273
$221,742
$292,015
No

Tax History

Year
Tax Paid
Assessed Value
2024
$95
$292,015

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$300,000
No
First
Jan 6, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,263
$48,737
14%
86%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$2,805/mo
$-555/mo
7.8%

City: Houston

12615 Watercress Park | Property Details | No Agent List