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Owner Contacts

$253,000

12722 Labelle Ln, Houston, TX, 77015

Off Market

3 Beds

2 Bath

1,851 Sq Ft

Single Family Residence

$91.84 / sqft

Built in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range

Exterior

Lot Size8,307 sqft

Building Information

Year Built1978

Stories1

Garage Spaces2

Land Information

APN1084290000005

Lot Number5

SubdivisionRiviera East

Land UseResidential

Legal DescriptionLT 5 BLK 5 RIVIERA EAST SEC 1 R/P

Census Tract232801

Assessed Land Value$49,299

Assessed Improvement Value$158,305

Assessment Year2025

About this property

This lovely home is ready for immediate move in. Freshly varnished cabinets in the kitchen including a microwave and a gas stove. Beautiful tile and laminate flooring throughout the home. Enjoy a cozy evening by the fireplace. Dry bar with extra cabinets, tile back splash and granite counter top. Great space for a wine or cola mini refrigerator. The bathrooms are elegantly tiled. Rooms have spacious closets. Master bedroom has a full bath with decorative tile as well. Third room is sectioned in 2. Great for a bedroom with quiet space for small office or TV. Would also be great for a baby room. Nice quiet neighborhood with gorgeous, healthy trees. Don't let this one get away!

Investor Tools

$253,000

Estimated Property Value

$166,920Estimated Mortgage Balance

$98,586Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,518 /month

Positive

Cash Flow Estimate:

$506 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$231/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,503

$207,604

2025

$49,299

$158,305

$207,604

Tax History

Year

Tax Paid

Assessed Value

2024

$1,503

$207,604

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

City First Mortgage Services Llc

Fha

$166,920

Yes

First

Jan 14, 2021

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$154,414

$93,586

37%

61%

$1,031/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,331/mo

+$391/mo

8.2%

Learn About the Market: Opportunity in Houston

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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.

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