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$1,188,000

NAL Estimated Property Value

12730 Rocky Meadow Drive, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$454.37 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Range, Dishwasher, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,121 sqft

Building Information

Year Built1967
Stories2
Garage Spaces2

Land Information

APN0965040000040
Lot Number40
SubdivisionFonn Villas
Land UseResidential
Legal DescriptionLT 40 BLK 11 FONN VILLAS SEC 5
Census Tract430800
Assessed Land Value$705,000
Assessed Improvement Value$180,226
Assessment Year2025

About this property

Welcome to this charming two-story home on a quiet cul-de-sac in sought-after Fonn Villas. Set on a spacious lot with mature trees, this property offers move-in ready comfort or the opportunity to update to your style. Traditional floor plan features formal living and dining, a cozy family room with fireplace, and abundant natural light throughout. The kitchen offers ample cabinetry and workspace with adjacent breakfast area overlooking the backyard. Upstairs includes generously sized bedrooms and a large primary suite ready for your personal touch. Enjoy the private backyard with covered patio—perfect for relaxing or entertaining. Ideally located near top-rated schools with easy access to City Centre, Memorial City Mall, Town & Country Village, and Terry Hershey Park trails, plus convenient access to I-10 and Beltway 8.

Investor Tools

Property Icon
$1,188,000
Estimated Property Value
$2,832Estimated Mortgage Balance
$1,185,168Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,152/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,881
$885,226
2025
$705,000
$180,226
$885,226
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,881
$885,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost National Bank
N/A
$100,000
N/A
First
Dec 2, 1996
Jan 2012

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,832
$1,185,168
99%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$675/mo
+$2,575/mo
3.3%

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.

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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12730 Rocky Meadow Drive | Property Details | No Agent List