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$202,000

NAL Estimated Property Value

12815 Enchanted Path Drive, Houston, TX, 77044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,196 Sq Ft
price_per_sqft$158.86 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,449 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1056440000028
Lot Number28
SubdivisionParkway Forest
Land UseResidential
Legal DescriptionLT 28 BLK 8 PARKWAY FOREST SEC 1
Census Tract232305
Assessed Land Value$50,600
Assessed Improvement Value$145,395
Assessment Year2025

About this property

Cute freshly remodeled house located in a quiet tucked away section of the neighborhood. House is located in a cul de sac! Property has new flooring, new kitchen counter tops, new vanities in the bathrooms, new walk in shower, freshly repainted, and many more upgrades! Don't miss out on this chance to buy your new home! Guaranteed to sell fast!

Investor Tools

Property Icon
$202,000
Estimated Property Value
$157,328Estimated Mortgage Balance
$44,672Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,450
$195,995
2025
$50,600
$145,395
$195,995
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,450
$195,995

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Moria Development Inc
Conventional
$170,999
No
First
Feb 23, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,328
$44,672
22%
78%
$1,026/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,276/mo
+$884/mo
12.8%

Learn About the Market: Opportunity in Houston

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Explore

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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12815 Enchanted Path Drive | Property Details | No Agent List