$1,650
12902 Southspring Dr, Houston, TX, 77047
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Full Size, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size5,563 sqft
Building Information
Year Built1970
Stories1
Garage Spaces1
Land Information
APN1013610000028
Lot Number28
SubdivisionSouth Acres Estates
Land UseResidential
Legal DescriptionLT 28 BLK 2 SOUTH ACRES ESTATES SEC 8
Census Tract331502
Assessed Land Value$38,934
Assessed Improvement Value$100,924
Assessment Year2025
About this property
Beautiful one story home. Home features 4 bedrooms, 1.5 bath home. Laminate wood floors throughout - No Carpet! Neutral paint, nice cabinets, granite countertops, stunning tile work, Stainless appliances, nice lighting, fixtures and so much more. Let this be the next place you call home!
Investor Tools
$102,539Estimated Mortgage Balance
$93,656Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,107
$139,858
2025
$38,934
$100,924
$139,858
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,107
$139,858
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rcn Capital Llc
Commercial
$112,500
No
First
Dec 20, 2021
Jan 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,539
$93,461
47%
52%
$675/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$675/mo
+$1,325/mo
12.2%
