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$1,998,000

NAL Estimated Property Value

12827 Butterfly Ln, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,342 Sq Ft
price_per_sqft$402.81 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,390 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APN0843230000008
Lot Number8
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionLT 8 BLK 5 MEMORIAL BEND SEC 1
Census Tract430900
Assessed Land Value$545,285
Assessed Improvement Value$1,139,685
Assessment Year2025

About this property

A stunning 2 story 4 BR home w/ soaring ceilings in Memorial Bend! This luxurious property features high-end finishes including custom cabinets, Quartz countertops,hardwood floors & large bright windows. The living space w/ built-ins & a floor to ceiling stone fireplace flows effortlessly to the gorgeous bar area including 2 beverage fridges & chef's kitchen. The kitchen is an entertainer's dream w/ an oversized Quartz island & abundant storage, walk-in pantry, a large breakfast table area, & luxury SubZero Wolf appliances. The primary suite includes a luxurious bathroom w/ separate soaking tub & shower, dual vanities, & a walk-in closet. Upstairs, you will find the additional bedrooms & bathrooms, as well as a large gameroom/flex space & media/golf room. Outside enjoy the turfed backyard (w/ room for a pool) & mosquito mister! This home features an entire home generator, water softener & automation system! Zoned to highly desired Rummel Creek Elem, Memorial MS & Memorial HS!

Investor Tools

Property Icon
$1,998,000
Estimated Property Value
$1,355,423Estimated Mortgage Balance
$642,577Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,988 /month
Positive
Cash Flow Estimate:
$3,996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,547
$1,684,970
2025
$545,285
$1,139,685
$1,684,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,547
$1,684,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$1,399,200
No
First
Aug 16, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,355,423
$620,577
31%
68%
$8,389/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$8,389/mo
$-5,139/mo
2.0%

City: Houston

12827 Butterfly Ln | Property Details | No Agent List