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$206,000

12911 Reality Rd, Houston, TX, 77039

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,418 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.51 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Oven, Microwave, Gas Range
FlooringCarpet, Laminate

Exterior

Lot Size7,296 sqft

Building Information

Year Built1970
Stories1
Garage Spaces4

Land Information

APN1030450000332
Lot Number332
SubdivisionHigh Meadows
Land UseResidential
Legal DescriptionLT 332 BLK 9 HIGH MEADOWS SEC 6
Census Tract223002
Assessed Land Value$41,088
Assessed Improvement Value$153,742
Assessment Year2025

About this property

Handyman Special - Looking for a home that you can add your personal touches too, then this one is for YOU! Great Starter Home or Great Investment Property! This home offers a Good Floor Plan with a Spacious Kitchen with Lots of Cabinets and Counter-Top Space, it opens to the Dining Room area, that leads into the Large Family Room - Great for Entertaining! It is located in an ideal Location with Easy Access to Highway 59/69, Beltway 8, Hardy Toll Road and Bush Intercontinental Airport Houston with Lots of Shopping Centers and Restaurants. This Home has Never Flooded! Sold in As-Is Condition!!!

Investor Tools

Property Icon
$206,000
Estimated Property Value
$175,750Estimated Mortgage Balance
$43,407Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,236 /month
Positive
Cash Flow Estimate:
$412 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,662
$194,830
2025
$41,088
$153,742
$194,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,662
$194,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$175,750
No
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,593
$52,407
24%
79%
$1,054/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,054/mo
+$668/mo
10.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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12911 Reality Rd | Property Details | No Agent List