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Owner Contacts

$300,000

NAL Estimated Property Value

12735 Covey Ln, Houston, TX, 77099

Off Market

3 Beds

2 Bath

2,515 Sq Ft

Single Family Residence

$109.34 / sqft

Built in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Free-Standing Range, Dishwasher, Refrigerator

FlooringCarpet, Laminate, Tile

Exterior

Private Pool

Lot Size7,475 sqft

Building Information

Year Built1975

Garage Spaces2

Land Information

APN1067860000024

Lot Number24

SubdivisionHuntington Village

Land UseResidential

Legal DescriptionLT 24 BLK 28 HUNTINGTON VILLAGE SEC 4

Census Tract453800

Assessed Land Value$59,800

Assessed Improvement Value$240,200

Assessment Year2025

About this property

adorable one story home with lots of high ceilings and windows overlooking fabulous diving pool. Fresh interior paint thru-out the home. Kitchen remodeled with updated soft close cabinets with lazy Susan and SS DW and microwave. Stainless Steel Fridge stays too. Master bath and 2nd bath remodeled 2024.Laminate flooring new in master bedroom. Brick FP. Roof 2 yrs, AC 2023. Huge back yard with diving pool replastered 4 years, pool cleaner replaced. Whole house Generator by Generac with propane tank. $90K in Solar Panels stay with property. Bonus room upstairs in unfinished attic that is plumbed for full bath, gameroom/bedroom too. Home Warranty first year with Achosa. Seller helping with CC to buyers.

Investor Tools

$300,000

Estimated Property Value

$261,571Estimated Mortgage Balance

$38,429Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,800 /month

Positive

Cash Flow Estimate:

$600 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$390/month

$250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,183

$300,000

2025

$59,800

$240,200

$300,000

Tax History

Year

Tax Paid

Assessed Value

2024

$3,183

$300,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Reliable Lending Llc

Fha

$270,019

Yes

First

Aug 9, 2024

Sep 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$261,571

$38,429

12%

87%

$1,619/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,869/mo

$-147/mo

6.9%

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