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B+
NoAgentList RatingHow are grades calculated?Info
Days14Days on Market
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$2,600

$2,800

1018 Memorial Village Dr # 124, Houston, TX, 77024

On MarketInfo
Just AddedInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,252 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.08 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Wine Refrigerator, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringWood

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1103500090001
SubdivisionMemorial Village T/H
Land UseResidential
Legal DescriptionTH 124 BLDG 13 MEMORIAL VILLAGE T/H SEC 2 R/P
Census Tract430700
Assessed Land Value$125,000
Assessed Improvement Value$183,839
Assessment Year2025

About this property

Welcome to your new home in the highly sought-after Memorial Village gated community! This charming townhouse blends comfort and style, with a warm aesthetic and thoughtful finishes throughout. Step inside to find open, inviting living spaces with no carpet, making it easy to maintain. The primary suite is a true retreat, featuring a beautiful bathroom with a separate soaking tub and walk-in shower that's perfect for unwinding after a long day. You’ll be just minutes from Houston’s finest dining, Memorial City Mall, and the best schools in the Houston area, including Memorial High School. From your backyard, enjoy direct walking access to the community pool. All appliances are included, making move-in simple and stress-free. With its lovely aesthetic, modern comforts, and prime location, this Memorial Village townhouse is the perfect place to call home. Schedule your showing today!

Investor Tools

$237,997Estimated Mortgage Balance
$136,003Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,244 /month
Positive
Cash Flow Estimate:
$748 /month

Interested in this property?

Valeria Vasquez

RE/MAX Real Estate Assoc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,369
$308,839
2025
$125,000
$183,839
$308,839
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,369
$308,839

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$299,653
Yes
First
Oct 21, 2016
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,997
$136,003
36%
64%
$1,797/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,797/mo
+$113/mo
6.1%

Learn About the Market: Opportunity in Houston

Local Market Pages
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Explore

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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1018 Memorial Village Dr # 124 | Property Details | No Agent List