$245,000
12126 Palmton St, Houston, TX, 77034
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Refrigerator Included, Gas Oven, Microwave, Free-Standing Range
FlooringTile
Exterior
Lot Size8,712 sqft
Building Information
Year Built1970
Stories1
Garage Spaces2
Land Information
APN0933010000013
Lot Number13
SubdivisionGulf Palms
Land UseResidential
Legal DescriptionLT 13 BLK 24 GULF PALMS SEC 5
Census Tract321102
Assessed Land Value$45,726
Assessed Improvement Value$181,015
Assessment Year2025
About this property
CHARMING ONE-STORY BEUTIFUL HOME WITH 4 BEDROOMS AND 2 BATHROOMS. GARAGE DETACHED. HOUSE WAS REMODELED AFTER HARVEY FLOOD 2017(TILE FLOORING, ROOF). INTERIOR PAINT, GABINETS AND A/C REPLACED DURING 2023. BACK YARD FENCED WITH A LARGE PECAN TREE. 2 BEUTIFUL OAK TREES IN THE FRONT OF THE HOUSE. ADDITTIONAL FEATURES INCLUDED VACANT LOT NEXT TO THE PROPERTY.
Investor Tools
$85,850Estimated Mortgage Balance
$140,891Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,397
$226,741
2025
$45,726
$181,015
$226,741
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,397
$226,741
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Stand Alone First / Home Equity First Lien
$106,400
No
First
Jun 10, 2017
Jul 2032
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,850
$140,891
62%
38%
$638/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$638/mo
+$1,084/mo
9.1%
