$1,297,000
12703 Summer Lake Ranch Dr, Houston, TX, 77044
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Refrigerator Included, Washer Included, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Exhaust Fan
FlooringCarpet, Stone, Tile, Travertine, Wood
Exterior
Exterior FeaturesOutdoor Kitchen, Side Yard, Sprinkler System
Lot Size1.26 acres
Building Information
Year Built2004
Garage Spaces3
Land Information
APN1230790020013
Lot Number13
SubdivisionSummer Lake Ranch
Land UseResidential
Legal DescriptionLT 13 BLK 2 SUMMER LAKE RANCH SEC 1
Census Tract252001
Assessed Land Value$283,507
Assessed Improvement Value$553,589
Assessment Year2025
About this property
This is the entertainment house people remember. Sunsets and the beautiful sky that turns multi-colored across the pool and the glass outdoor kitchen. It feels private. The neighbors homes face away from this yard, so the view is trees, lawn, and that sky. Five bedrooms, each with its own ensuite private baths. One is downstairs currently used as a fitness center. Upgrades include granite flooring in the living areas, Red Oak hardwoods in the bedrooms and upstairs, lifetime stone-coated metal roof, designer chandeliers, and more. Come see us.
Investor Tools
$544,754Estimated Mortgage Balance
$384,246Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,782 /month
Positive
Cash Flow Estimate:
$2,594 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$964/month
$975/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,929
$837,096
2025
$283,507
$553,589
$837,096
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,929
$837,096
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Conventional
$591,000
No
First
Jul 18, 2022
Aug 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$544,754
$384,246
41%
59%
$3,544/mo
