43Days on Market

1view

$2,495

$2,600

12814 Westhorpe Dr, Houston, TX, 77077

On Market

Price Drop

3 Beds

2 Bath

1,850 Sq Ft

Single Family Residence

$1.35 / sqft

Built in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

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

FlooringLaminate

Exterior

Lot Size7,475 sqft

Building Information

Year Built1970

Garage Spaces2

Land Information

APN1014050000010

Lot Number10

SubdivisionAshford West

Land UseResidential

Legal DescriptionLT 10 BLK 9 ASHFORD WEST SEC 2

Census Tract451401

Assessed Land Value$110,400

Assessed Improvement Value$147,100

Assessment Year2025

About this property

Beautiful spacious home with thoughtful layout and includes exterior air-conditioned workshop / studio / storage area. 3 bed / 2 bath / dining room / office area / open plan living-kitchen-dining / separate laundry room / exterior wood workshop or storage area / 2 car garage / enclosed back yard / covered outdoor patio area / walk-in linen closet Entrance hallway with access to dining room and living room. Walk-in coat closet. Living area: brick fireplace, built-in shelving and cabinets, access to outdoor patio. Kitchen: fridge / freezer, dishwasher, double oven, electric hob, microwave built-in pantry. Additional fridge/freezer in garage. Breakfast area: bay window. Office space: with access to dining room and kitchen. Laundry room: Washer and dryer, ceiling height storage cabinets, water heater. Door to covered access to garage. Primary suite: modern bathroom and tri-shower setup, oversized soaking tub, 3 large closets.

Investor Tools

$339,000

Estimated Property Value

$206,000Estimated Mortgage Balance

$139,763Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,034 /month

Positive

Cash Flow Estimate:

$678 /month

Interested in this property?

Joe Iley

Mission Real Estate Group

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$509/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,417

$257,500

2025

$110,400

$147,100

$257,500

Tax History

Year

Tax Paid

Assessed Value

2024

$4,417

$257,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ark-La-Tex Financial Services Llc

Conventional

$206,000

First

Sep 12, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$199,237

$139,763

41%

59%

$1,236/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$1,236/mo

+$994/mo

7.9%

Learn About the Market: Opportunity in Houston

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