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$235,000

12718 Saibaba Dr, Houston, TX, 77038

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,960 Sq Ft
price_per_sqft$119.9 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringTile

Exterior

Lot Size5,449 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1262850020016
Lot Number16
SubdivisionForestwood Amend
Land UseResidential
Legal DescriptionLT 16 BLK 2 FORESTWOOD SEC 3 AMEND
Census Tract533804
Assessed Land Value$32,791
Assessed Improvement Value$222,535
Assessment Year2025

About this property

Brick one-story on a 5,447 sqft lot with room to spread out inside and out. Vaulted ceilings and archways open up the living and dining space, finished in tile that runs straight through from the entry. The kitchen puts the cook in the center of it all — gas range, tile backsplash, custom hardware, vented hood — with a walk-in laundry room steps away, no trips to the garage. The primary suite has a vaulted ceiling and a bath with a separate soaking tub, stand-up shower, and double vanity. Three secondary bedrooms and a full second bath round out the 1,960 sqft floor plan. A covered patio, side yard, and storage shed give you a backyard ready for your own finish-out. Built in 2006.

Investor Tools

$143,460Estimated Mortgage Balance
$112,529Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,532 /month
Positive
Cash Flow Estimate:
$511 /month

Interested in this property?

Christian Walsh

CB&A, Realtors-Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
$1/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,989
$255,326
2025
$32,791
$222,535
$255,326
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,989
$255,326

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$150,228
Yes
First
Apr 20, 2018
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,460
$111,866
43%
56%
$1,018/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,019/mo
+$703/mo
8.1%

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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12718 Saibaba Dr | Property Details | No Agent List