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$1,965,000

12702 Old Oaks Dr, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,070 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$429.98 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,108 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN0936230000001
Lot Number1
SubdivisionFonn Villas
Land UseResidential
Legal DescriptionLT 1 BLK 5 FONN VILLAS SEC 1
Census Tract430800
Assessed Land Value$784,320
Assessed Improvement Value$815,942
Assessment Year2025

About this property

Nestled on a tree-lined street, this home offers space for modern living & elegant entertaining in the heart of Memorial. Step inside to discover a home full of stunning details throughout. The raised entryway, vaulted ceilings, exposed beams, beautiful wood floors, brick fireplace, light filled spaces & custom drapery are a few of the endless features that makes this home so special. The gourmet kitchen is well appointed with Thermador Appliances, quantize countertops, farm sink, dry bar, walk in pantry, coffee pantry & custom cabinetry. The expansive first-floor primary suite features a luxurious bath with double sinks, separate shower, & tub. The oversized corner lot allows for ample lush landscaping, a covered porch, fully fenced turfed yard, & pool/spa. A three-car-attached garage, mud room, game room, & study/flex space allow space for storage & a busy family! Enjoy being zoned to top-rated Frostwood Elem, MMS & MHS & a quick walk to the local swim club & Bendwood Park!

Investor Tools

Property Icon
$1,965,000
Estimated Property Value
$1,500,000Estimated Mortgage Balance
$480,280Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,790 /month
Positive
Cash Flow Estimate:
$3,930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,656/month
$868/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,048
$1,600,262
2025
$784,320
$815,942
$1,600,262
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,048
$1,600,262

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$1,500,000
No
First
Oct 24, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,484,720
$507,280
25%
76%
$8,994/mo

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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12702 Old Oaks Dr | Property Details | No Agent List