$220,000
12318 Vanderheath Dr, Houston, TX, 77031
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile
Exterior
Lot Size7,410 sqft
Building Information
Year Built1970
Stories1
Garage Spaces2
Land Information
APN1059200000014
Lot Number14
SubdivisionGlenshire
Land UseResidential
Legal DescriptionLT 14 BLK 22 GLENSHIRE SEC 7
Census Tract440102
Assessed Land Value$65,513
Assessed Improvement Value$154,674
Assessment Year2025
About this property
Welcome to this well-maintained 3-bedroom, 2-bathroom home featuring a dedicated office and generously sized bedrooms. The primary bedroom includes an en-suite bathroom and double closets. Enjoy the family room with its high ceiling and beautiful fireplace. Conveniently located near major highways, shopping, and dining, this home offers easy access to nearby amenities. Updates include a roof replaced in 2022 and double-pane windows installed in 2023.
Investor Tools
$69,654Estimated Mortgage Balance
$173,346Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$105/month
$580/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$45
$220,187
2025
$65,513
$154,674
$220,187
No
Tax History
Year
Tax Paid
Assessed Value
2024
$45
$220,187
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Unknown
$92,000
No
First
Aug 27, 2015
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,654
$173,346
71%
29%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$580/mo
+$1,646/mo
11.0%
