$475,000
12730 Melvern Ct, Houston, TX, 77041
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile
Exterior
Exterior FeaturesSprinkler System
Lot Size12,445 sqft
Building Information
Year Built1995
Garage Spaces2
Land Information
APN1182780010029
Lot Number29
SubdivisionLakes On Eldridge
Land UseResidential
Legal DescriptionLT 29 BLK 1 LAKES ON ELDRIDGE SEC 2 AMEND
Census Tract540101
Assessed Land Value$98,584
Assessed Improvement Value$371,754
Assessment Year2025
About this property
Beautiful home situated on a spacious lot with a three-car detached garage and a versatile floor plan. The kitchen features a center island with plenty of space for meal preparation and entertaining. Two bedrooms are conveniently located downstairs, while the upstairs includes a spacious game room offering additional living space. The primary suite features a recently remodeled bathroom and a large walk-in closet. With generous indoor and outdoor space, a flexible layout, and a three-car garage, this home has plenty to offer.
Investor Tools
$20,041Estimated Mortgage Balance
$549,959Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,420 /month
Positive
Cash Flow Estimate:
$1,140 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
$2,040/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$637
$470,338
2025
$98,584
$371,754
$470,338
No
Tax History
Year
Tax Paid
Assessed Value
2024
$637
$470,338
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compufund Mtg Company Ltd
N/A
$189,900
N/A
First
Aug 6, 1998
Sep 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,041
$549,959
96%
4%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$2,040/mo
+$870/mo
6.1%
