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$562,000

NAL Estimated Property Value

12722 Melvern Ct, Houston, TX, 77041

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,930 Sq Ft
price_per_sqft$124.57 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,346 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APN1182780010031
Lot Number31
SubdivisionLakes On Eldridge
Land UseResidential
Legal DescriptionLT 31 BLK 1 LAKES ON ELDRIDGE SEC 2 AMEND
Census Tract540101
Assessed Land Value$95,072
Assessed Improvement Value$402,577
Assessment Year2025

About this property

Beautifully updated open-concept home on a lush cul-de-sac lot teeming with mature fruit trees and no back neighbors. Upon entering you'll immediately notice the well-designed features, from gorgeous wide plank wood flooring throughout downstairs, a soothing paint palette and soaring vaulted ceilings. Study w/ French doors and ample natural light to the right, elegant formal dining to the left opens to a renovated kitchen with crisp white cabinetry, light granite countertops and stainless appliances. First floor Master Suite boasts an updated ensuite with large frameless shower, soaking tub, dual sinks. Game room and 3 spacious secondary bedrooms and 2 updated baths up. Finished garage with window AC, 10' extension. Trane HVAC (2017) water heater & interior doors (2020). Covered pergola and generously sized backyard with lemon, grapefruit, fig and orange trees. Enjoy this resort-like gated community with fitness center, pool, tennis courts and walking trails.

Investor Tools

Property Icon
$562,000
Estimated Property Value
$320,279Estimated Mortgage Balance
$241,721Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
$1,585/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,984
$497,649
2025
$95,072
$402,577
$497,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,984
$497,649

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliant Cu
Conventional
$360,500
No
First
Aug 21, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,279
$241,721
43%
57%
$2,162/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$3,747/mo
$-837/mo
6.2%

City: Houston

12722 Melvern Ct | Property Details | No Agent List