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$823,000

NAL Estimated Property Value

1004 Memorial Village, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,684 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$199.33 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher, Instant Hot Water, Washer/Dryer
FlooringCarpet, Tile

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APN1103500070006
SubdivisionMemorial Village T/H
Land UseResidential
Legal DescriptionUNIT 1004 BLDG 11 MEMORIAL VILLAGE T/H SEC 2 R/P
Census Tract430700
Assessed Land Value$175,000
Assessed Improvement Value$549,600
Assessment Year2025

About this property

Townhome well maintained, in a gated community that has a pool and abundant amount of Guest parking. Granite & SS kitchen has built in desk with cabinetry & bookshelves, opens to the dining nook and comfortable family room. One bdrm/study and full bath down, all others up including huge master suite. Built-in computer desk up along with full-size laundry room, generously sized secondary bedrooms and jack and jill bath. Tankless water heater, AC 2 years old, plantation shutters,walk-in closet, close to HEB, Costco and zoned to Memorial Highschool!

Investor Tools

Property Icon
$823,000
Estimated Property Value
$382,560Estimated Mortgage Balance
$440,440Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,938 /month
Positive
Cash Flow Estimate:
$1,646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$921/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,937
$724,600
2025
$175,000
$549,600
$724,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,937
$724,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$428,000
No
First
Nov 19, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,560
$440,440
53%
46%
$2,567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,982/mo
$-462/mo
3.7%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1004 Memorial Village | Property Details | No Agent List