Street View

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Owner Contacts

$3,465,000

11405 Memorial Dr, Houston, TX, 77024

Off Market

5 Beds

6 Bath

6,309 Sq Ft

Single Family Residence

$626.09 / sqft

Built in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 5

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size40,040 sqft

Building Information

Year Built1978

Garage Spaces9

Land Information

APN1129480000003

Lot Number3

SubdivisionSan Felipe Estates

Land UseResidential

Legal DescriptionLT 3 BLK 1 SAN FELIPE ESTATES

Census Tract430400

Assessed Land Value$1,504,714

Assessed Improvement Value$530,040

Assessment Year2025

About this property

A beautiful Piney Point village acre compound in a park like setting located at the back of a cul-de-sac with mature live oak trees. A fence and gate surround this 6,300+ SF estate meant for entertaining and family living. Within walking distance to prestigious Kinkaid School. Features include large rooms with a 20’ ceiling entryway, 10’ ceilings throughout the home, entertainment bar, grand family room, living room, dining room, bullet-proof safe rooms, covered parking for 7 automobiles with additional parking areas plus a guest quarters with two Bedrooms w/ kitchen & full bath. Recent double pane low e windows. Recent PEX plumbing. Numerous updates. Original blueprints.

Investor Tools

$3,465,000

Estimated Property Value

$0Estimated Mortgage Balance

$3,465,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$23,700 /month

Positive

Cash Flow Estimate:

$7,900 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,032/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,057

$2,034,754

2025

$1,504,714

$530,040

$2,034,754

Tax History

Year

Tax Paid

Assessed Value

2024

$7,057

$2,034,754

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$3,465,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,520/mo

N/A

+$2,520/mo

0.9%

Learn About the Market: Opportunity in Houston

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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.

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