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Owner Contacts

$258,361

12683 Briar Patch Rd, Houston, TX, 77077

Off Market

2 Beds

2 Bath

1,432 Sq Ft

Condos / Townhouses

$150.14 / sqft

Built in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer, Refrigerator

FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesCourtyard, Balcony

Building Information

Year Built1983

Stories2

Garage Spaces2

Land Information

APN1075860120002

SubdivisionWildwood Clstr Hms 1 Pt R/P Ur

Land UseResidential

Legal DescriptionUNIT 9 BLDG 12 .050000 INT COMMON LAND & ELE WILDWOOD CLSTR HMS 1 PT R/P UR

Census Tract451502

Assessed Land Value$60,000

Assessed Improvement Value$198,361

Assessment Year2025

About this property

Immaculate Home in a sought after Memorial Neighborhood, right in the middle of the Energy Corridor. Stunning Contemporary Home! Come Home to the Trees & Peaceful Community with amenities as a Swimming Pool, Fenced Green Area, Wooded Walking Path & a Lake for Community Members! Grand Entry with High Ceilings, Crown Molding, Freshly Painted, Beautiful Large Tile Floors, Carefree Vinyl Plank Wood Like Floors, Upgraded Light Fixtures & More! Family Rm Boast Stone Fireplace, French Glass Panel Doors that opens to your amazing Outdoor Patio that looks out to the Pool & Lake! Family Rm flows into the Casual Dining & Gourmet Kitchen! Gourmet Kitchen Has Large Tile Floors, White Shaker Cabinets W/Soft Closing Cabinets, Granite Counters, Undermount Sink & Stainless Steel Appliances! Upstairs Breathtaking Primary Suite W/2 Story Wall of Window, Private Outdoor Balcony, Loft, 2 Walk In Closets & Luxurious Bathrm W/His & Her Sink Granite Vanity & Huge Walk In Shower! Guest Suite W/Private Vanity!

Investor Tools

$258,361

Estimated Property Value

$215,000Estimated Mortgage Balance

$60,917Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,550 /month

Positive

Cash Flow Estimate:

$517 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$586/month

$225/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,740

$258,361

2025

$60,000

$198,361

$258,361

Tax History

Year

Tax Paid

Assessed Value

2024

$5,740

$258,361

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homebridge Financial Services Inc

$215,000

Yes

First

Jan 7, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$197,444

$60,917

23%

76%

$1,290/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,690/mo

$1,515/mo

+$175/mo

7.8%

Learn About the Market: Opportunity in Houston

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