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$246,681

NAL Estimated Property Value

12911 Iris Garden Ln, Houston, TX, 77044

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,894 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$137.27 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Trash Compactor, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size2,444 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN1285960010037
Lot Number37
SubdivisionSummerwood Amended #1
Land UseResidential
Legal DescriptionLT 37 BLK 1 SUMMERWOOD SEC 31 AMEND NO 1
Census Tract252002
Assessed Land Value$37,011
Assessed Improvement Value$209,670
Assessment Year2025

About this property

Spacious townhome in Summerwood area. As you walk in you feel the spacious entryway that will lead you to the kitchen and living areas. Downstairs half bath has been updated. Private backyard area with some nice gardening items and updates. Upstairs you will find 3 bedrooms with two bathrooms. The laundry room is also located upstairs. Schedule your private showing today.

Investor Tools

Property Icon
$246,681
Estimated Property Value
$215,809Estimated Mortgage Balance
$30,872Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
$188/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,497
$246,681
2025
$37,011
$209,670
$246,681
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,497
$246,681

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Fha
$218,682
Yes
First
Aug 7, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,809
$30,872
12%
87%
$1,312/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,500/mo
+$660/mo
10.5%

City: Houston

12911 Iris Garden Ln | Property Details | No Agent List