$215,000
12742 Pelican Bay Dr, Houston, TX, 77038
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Water Softener, Electric Oven, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher, Refrigerator
FlooringCarpet, Laminate
Exterior
Lot Size7,449 sqft
Building Information
Year Built2018
Garage Spaces2
Land Information
APN1376100020001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 2 FORESTWOOD SEC 6
Census Tract533804
Assessed Land Value$39,963
Assessed Improvement Value$166,317
Assessment Year2025
About this property
Single Family Brick/Wood Home 3 Bedroom 2 Bath Featuring living room, breakfast with nice large backyard with a covered patio.
Investor Tools
$149,543Estimated Mortgage Balance
$76,815Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
$110/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,354
$206,280
2025
$39,963
$166,317
$206,280
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,354
$206,280
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Fha
$163,876
Yes
First
Nov 13, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,543
$82,457
35%
66%
$1,051/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,161/mo
+$561/mo
9.2%
