$1,950
12823 Glorywhite Ct, Houston, TX, 77034
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size3,877 sqft
Building Information
Year Built2003
Garage Spaces2
Land Information
APN1229420010016
Lot Number16
SubdivisionSouthway Amend
Land UseResidential
Legal DescriptionLT 16 BLK 1 SOUTHWAY SEC 1 AMEND
Census Tract321101
Assessed Land Value$52,174
Assessed Improvement Value$175,441
Assessment Year2025
About this property
New paint, New tile flooring downstairs and vinyl flooring upstairs, new vanity in full bath upstairs, new formica countertops and backsplash in kitchen. Home has high ceilings and spacious living room. huge backyard for nice family gatherings.
Investor Tools
$63,411Estimated Mortgage Balance
$230,000Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
$372/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$141
$227,615
2025
$52,174
$175,441
$227,615
No
Tax History
Year
Tax Paid
Assessed Value
2024
$141
$227,615
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hammersmith Financial Lp
Fha
$116,450
Yes
First
Sep 19, 2003
Oct 2033
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,411
$176,589
73%
28%
$881/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,253/mo
+$469/mo
9.0%
