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Harris 77065 Steeplechase
12238 Paddock Way
$235,000 Last Listed Price
● House - Off Market

12238 Paddock Way

Houston, TX 77065
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,518 Ft²
$344,424
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Located in the desirable Steeplechase subdivision, this four bedroom, 2.5 bath home is ready for immediate move in! Pride of ownership shows in this well cared for home. Brand new flooring throughout with hardwoods on the stairs, hallway and master bedroom. Carpet in three bedrooms and closets. New appliances, new HVAC installed March 2019 and new ac duct work, new hot water heater installed March 2019 .Fresh paint throughout.  Window coverings. Fireplace renovated. Roof approximately 10 years old. Island kitchen with tons of cabinet space, gas cook top, gas oven. Living room with fire place. Spacious master bedroom with Hollywood master bath.Tub with separate shower, dual sinks. Utility room in house. Sprinkler system front and back yard. BONUS: Lemon and pecan tree!!!
Unit Size
2,518 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$93
Property Type
House
Property Taxes
$448
HOA Dues
$48
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (HAR #72383131)

Price History

Date / Event Date Event Price
Sep 17, 2019 Sold
Premium
Sold
May 8, 2019 Listed by Eagle Realty Services $235,000
Listed by Eagle Realty Services

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 129

    Dimensions

  • Lot Size Square Feet: 6,834
  • Total Building Area: 2,518
  • Gross Building Area: 2,518
  • Building Area: 2,518
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,518
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEEPLECHASE SEC 2 R/P
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 1001
  • State Land Use Code: A1
  • Legal Description 1: LT 17 BLK 10 STEEPLECHASE SEC 2 R/P

Neighborhood

  • School District Name: Cypress-Fairbanks Independent School District
  • School Tax School District: CYPRESS-FRBNKS
  • Census Tract: 552003

Geography

  • Assessors Map Reference: 4863A
  • Account Number: 1148310100017
  • Parcel: 114-831-010-0017
  • Block: 10
  • Lot: 17
  • Municipality: HOUSTON
  • Latitude: 29.9136
  • Longitude: -95.6018

    Address

  • Full Address: 12238 Paddock Way
  • Address - House Number: 12238
  • Address - Street Name: Paddock
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Houston
  • Carrier Code: C012
  • 4-Digit Zip Code: 4324
  • Zip Code: 77065

Valuation

    Tax

  • Total Area: 2,424
  • Tax Year: 2022
  • Tax Amount: $686,137
  • Tax Rate Code Area: 633

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 327,247
  • High Value: 401,893
  • Low Value: 252,601

    Market Valuation

  • Market Total Value: $284,933
  • Market Land Value: $43,496
  • Market Improvement Value: $241,437

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $284,933
  • Assessed Land Value: $43,496
  • Assessed Improvements Value: $241,437

    Sales

  • Current Sale Contract Date: Sep 17, 2019
  • Current Sale Recording Date: Sep 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-416580
  • Previous Sale Recording Date: Dec 24, 2003
  • Previous Sale Contract Date: Dec 22, 2003
  • Previous Sale Amount: $166,300
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Steeplechase

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2022 ft²

Average Home Age

41.6 years

Currently For Sale

17 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7502 Holly Court Estates, Houston, TX, 77095

$2,800 /mo

  • 4 Beds
  • 3 Baths
  • 3,194 ft²
7502 Holly Court Estates, Houston, TX, 77095 Listing by Diana Alderman
Unit for rent at 12022 Miramar Shores Drive, Houston, TX, 77065

$2,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,979 ft²
12022 Miramar Shores Drive, Houston, TX, 77065 Listing by Rania Jamal

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Cheryl Landry, Eagle Realty Services
Last Updated: 3 years ago
Data Source: HAR , MLS# 72383131
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 12238 Paddock Way built and last sold?
The property at 12238 Paddock Way was built in 1988 and last sold on Sep 17, 2019 for $168,800.
How much is this home worth?
The estimated value of the home located at 12238 Paddock Way is $243,465.
What are some comparable homes to 12238 Paddock Way?
There are currently no comparable homes to 12238 Paddock Way.
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