$2,629,000
NAL Estimated Property Value113 Memorial Parkview Dr, Houston, TX, 77024
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesWater Heater, Disposal, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size3,986 sqft
Building Information
Year Built2019
Garage Spaces2
Land Information
APN1359420030006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 MEMORIAL GREEN SEC 2 R/P & EXTN
Census Tract430900
Assessed Land Value$643,710
Assessed Improvement Value$1,394,780
Assessment Year2025
About this property
MOVE-IN READY! New construction by McCollum Custom Homes. The Debakey Plan features open-concept kitchen and family room that opens to a private courtyard with covered patio and summer kitchen; 1st floor study or formal dining room; 2nd floor primary suite with beamed ceilings, large primary bath and walk-in closet, 3 secondary bedrooms with private baths and walk-in closets, utility room and den; optional 3rd floor gameroom. Custom steel front door, wood floors throughout with elevator! Lock & leave lifestyle.
Investor Tools
$2,629,000
Estimated Property Value
$344,499Estimated Mortgage Balance
$2,284,501Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,774 /month
Positive
Cash Flow Estimate:
$5,258 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,639/month
$3,680/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,527
$2,038,490
2025
$643,710
$1,394,780
$2,038,490
No
Tax History
Year
Tax Paid
Assessed Value
2024
$18,527
$2,038,490
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Litchfield Memorial Residential Llc
Unknown
$430,312
No
First
Nov 21, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,499
$2,306,501
87%
13%
$2,580/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$6,260/mo
$-3,740/mo
1.2%
