Last 24 Hours
$175,000
12215 Carola Forest Dr, Houston, TX, 77044
On Market
Just Added
3 Beds
2 Bath
1,249 Sq Ft
Single Family Residence
Built in 1980Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size7,200 sqft
Building Information
Year Built1980
Stories1
Garage Spaces2
Land Information
APN1107940000019
Lot Number19
SubdivisionKings Lake Forest
Land UseResidential
Legal DescriptionLT 19 BLK 8 KINGS LAKE FOREST SEC 1 R/P
Census Tract232303
Assessed Land Value$47,520
Assessed Improvement Value$118,119
Assessment Year2025
Investor Tools
$22,446Estimated Mortgage Balance
$143,193Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$73/month
$330/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$53
$165,639
2025
$47,520
$118,119
$165,639
No
Tax History
Year
Tax Paid
Assessed Value
2024
$53
$165,639
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home123 Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$50,000
No
First
Mar 27, 2006
Apr 2021
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,446
$143,193
86%
14%
$300/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$630/mo
+$1,530/mo
15.6%
12.4%