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$2,400

12932 Wempe Way, Houston, TX, 77047

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.65 / sqft
Year BuiltBuilt in 2023

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, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,830 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1445740020046
Lot Number46
Land UseResidential
Legal DescriptionLT 46 BLK 2 CITY GATE SEC 6
Census Tract331502
Assessed Land Value$55,033
Assessed Improvement Value$250,333
Assessment Year2025

About this property

Beautiful 3-bedroom, 2-bathroom home built in 2023 in the gated City Gate community, just 15 minutes from the Medical Center and Downtown. This modern home features an open-concept layout ideal for everyday living and entertaining. The upgraded kitchen offers a waterfall quartz island, quartz countertops, stainless steel appliances, gas range, built-in microwave, farmhouse-style sink, and subway tile backsplash. The private primary suite includes quartz dual sinks, an oversized shower, a walk-in closet, and beautifully styled finishes. Secondary bedrooms share an upgraded bathroom with quartz countertops. Additional highlights include a spacious utility room, front hall closet, 2-car garage, fully fenced backyard, and covered patio. Solar panels that offer great energy savings. City Gate offers walking trails, ponds, and playgrounds.

Investor Tools

$273,807Estimated Mortgage Balance
$32,032Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,832 /month
Positive
Cash Flow Estimate:
$611 /month

Interested in this property?

Victor Lopez

PAK Home Realty North West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
$1,350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,131
$305,366
2025
$55,033
$250,333
$305,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,131
$305,366

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$290,245
Yes
First
Apr 28, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,807
$31,559
10%
90%
$1,741/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$3,091/mo
$-1,091/mo
7.9%

City: Houston

12932 Wempe Way | Property Details | No Agent List