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$170,000

12201 Palmdate St, Houston, TX, 77034

$195,304 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,100 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN0832450000001
Lot Number1
SubdivisionGulf Palms
Land UseResidential
Legal DescriptionLT 1 BLK 8 GULF PALMS SEC 2
Census Tract321102
Assessed Land Value$45,960
Assessed Improvement Value$148,525
Assessment Year2025

About this property

Welcome to a property brimming with potential! Situated on an exceptionally spacious lot, this property offers rare versatility, freedom, and space to build your vision. From the moment you arrive, the charming front entryway framed by mature palm trees welcomes you home. The highlight of this property is the expansive yard space, featuring grand, shade-providing trees and ample room for endless outdoor possibilities whether you dream of adding a pool, creating an garden oasis, parking an RV/boat, building a workshop, or expanding the footprint. The home features a versatile layout complete with a rear screened porch, allowing you to relax outdoors in shade and comfort while taking in your massive backyard view.

Investor Tools

$78,786Estimated Mortgage Balance
$123,214Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$195,304
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

Interested in this property?

Yajaira Chaves

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,185
$194,485
2025
$45,960
$148,525
$194,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,185
$194,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jose Rene Andrade Sepulveda Etal
Seller Carryback / Seller Financing / Seller Take-Back
$88,500
No
First
Mar 27, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,786
$123,214
60%
39%
$531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
$531/mo
+$1,209/mo
10.3%

City: Houston

12201 Palmdate St | Property Details | No Agent List