374Days on Market

1view

$624,999

12731 Melvern Ct, Houston, TX, 77041

On Market

4 Beds

3 Bath

3,291 Sq Ft

Single Family Residence

$189.91 / sqft

Built in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile

Exterior

Private Pool

Exterior FeaturesOutdoor Kitchen

Lot Size11,970 sqft

Building Information

Year Built1995

Garage Spaces2

Land Information

APN1182780010028

Lot Number28

SubdivisionLakes On Eldridge

Land UseResidential

Legal DescriptionLT 28 BLK 1 LAKES ON ELDRIDGE SEC 2 AMEND

Census Tract540101

Assessed Land Value$98,083

Assessed Improvement Value$421,720

Assessment Year2025

About this property

Gorgeous Trendmaker 2 stories home in the prestigious gated community in Lakes of Eldridge in the Energy Corridor. This 4 bedrooms 3 baths beauty in a prime location close to schools, restaurants, shopping centers and more. Specious primary bedroom downstairs, living room, dining room, kitchen open to the family room. This oversize lot with an amazing backyard with green areas and a luxurious pool ready for summer fun, rinse off shower added. Outdoor Patio/Kitchen 2019 (includes fans, lights, pool flood lights) ready for family BBQ! Grill, fridge, griddle with gas top, wood floor 2018, bathroom cabinets, sinks, and countertop 2018, roof 2019, double pane windows 2023, replastering pool pebbles 2024, . The home also come with refrigerator, washer and dryer. Private School Bus Pick Up from Clubhouse: AWTI, The Village, and The British School. DO NOT DISTURB THE TENANT.

Investor Tools

$270,862Estimated Mortgage Balance

$306,811Estimated Equity

52% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,750 /month

Positive

Cash Flow Estimate:

$1,250 /month

Interested in this property?

Osneyda Canales

Keller Williams Premier Realty

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$508/month

$1,820/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,220

$519,803

2025

$98,083

$421,720

$519,803

Tax History

Year

Tax Paid

Assessed Value

2024

$3,220

$519,803

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Connextions Lp

Conventional

$305,500

First

Jul 16, 2020

Aug 2035

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$270,862

$303,138

52%

47%

$1,832/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,910/mo

$3,652/mo

$-742/mo

6.1%

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