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$355,000

NAL Estimated Property Value

12847 Rich Ct, Houston, TX, 77077

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,077 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.48 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,100 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1130740000009
Lot Number9
SubdivisionSuffolk Chase Patio Homes
Land UseResidential
Legal DescriptionLT 9 BLK 4 SUFFOLK CHASE PATIO HOMES
Census Tract451401
Assessed Land Value$121,000
Assessed Improvement Value$211,995
Assessment Year2025

About this property

This stunning home boasts 3 spacious bedrooms, a study, and 2.5 beautifully-appointed bathrooms. Situated in the highly desirable energy corridor, it offers unparalleled convenience and easy access to all the best amenities the area has to offer. One of the most unique homes in the neighborhood, this property features a large lot and an expansive backyard, making it perfect for outdoor entertaining and relaxation. Inside, the home is impeccably maintained and boasts a range of modern updates to ensure maximum comfort and style. These include new windows, a high-efficiency HVAC system, electrical panel, and a beautifully remodeled kitchen with brand new cabinets and sleek quartz countertops. Additionally, most of the exterior siding has been replaced with hardie plank siding, ensuring that the home looks as beautiful on the outside as it does on the inside. Overall, this home is the perfect and ideal choice for anyone looking for their dream home in the energy corridor.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$151,198Estimated Mortgage Balance
$203,802Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$729/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,967
$332,995
2025
$121,000
$211,995
$332,995
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,967
$332,995

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Schlumberger Employees Cu
Conventional
$160,000
No
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,198
$201,802
57%
43%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,440/mo
+$790/mo
7.5%

City: Houston

12847 Rich Ct | Property Details | No Agent List