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Owner Contacts

$295,886

NAL Estimated Property Value

1121 Country Place Dr, Houston, TX, 77079

Off Market

4 Beds

3 Bath

2,103 Sq Ft

Condos / Townhouses

$137.85 / sqft

Built in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Heating Central

Cooling

AppliancesDisposal, Microwave, Electric Range, Dishwasher, Washer/Dryer

Exterior

Exterior FeaturesBalcony, Storage

Lot Size1,442 sqft

Building Information

Year Built1973

Stories2

Land Information

APN1034600350007

SubdivisionMemorial Club T/H

Land UseResidential

Legal DescriptionTRS 7 & 8A BLK 35 MEMORIAL CLUB T/H SEC 1 R/P

Census Tract450302

Assessed Land Value$64,800

Assessed Improvement Value$231,086

Assessment Year2025

About this property

Beautifully re-modeled 4 bedroom 3 full bathroom townhome in the highly sought Memorial Club. Located in the heart of Memorial and is managed by Memorial Club Community. Amenities include- Clubhouse, 10 Tennis courts, 3 Playgrounds, 3 pools including an Olympic sized lap pool with kiddie pool area, and walking trails with new street lights. Very friendly and family oriented area. Convenient to I-10 freeway and Sam Houston Tollway. No flooding occurred. Close to the energy corridor, restaurants and shopping. Water heater was recently replaced and the home has PEX Pipes. Energy Efficient LED lighting and NEST Digital program thermostat. This is a must see!

Investor Tools

$295,886

Estimated Property Value

$235,028Estimated Mortgage Balance

$60,858Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,775 /month

Positive

Cash Flow Estimate:

$592 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$412/month

$368/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,462

$295,886

2025

$64,800

$231,086

$295,886

Tax History

Year

Tax Paid

Assessed Value

2024

$3,462

$295,886

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Chappell Hill Bank

Conventional

$239,200

First

Jul 18, 2024

Jul 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$235,028

$60,858

20%

79%

$1,673/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,730/mo

$2,041/mo

+$689/mo

11.1%

Learn About the Market: Opportunity in Houston

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