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$267,000

NAL Estimated Property Value

1147 Country Place Dr, Houston, TX, 77079

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,992 Sq Ft
price_per_sqft$140.56 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,259 sqft

Building Information

Year Built1973
Stories2

Land Information

APN1034600330007
Lot Number7
SubdivisionMemorial Club T/H
Land UseResidential
Legal DescriptionLT 7 BLK 33 MEMORIAL CLUB T/H SEC 1 R/P
Census Tract450302
Assessed Land Value$64,071
Assessed Improvement Value$183,899
Assessment Year2025

About this property

This isn’t your average Memorial Club makeover! It’s the one that finally got it right. Every room has been refreshed, revived, and rescued from the 1980s, but in a way that still feels homey and not like you live inside a showroom. The kitchen sparkles, the bathrooms are bright enough to make you actually enjoy brushing your teeth, and the floors are so clean you’ll question your life choices every time you bring in a snack. It’s modern, it’s comfortable, and it’s probably the best updated home in the neighborhood (but we’ll let you say that part out loud).

Investor Tools

Property Icon
$267,000
Estimated Property Value
$202,165Estimated Mortgage Balance
$64,835Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,203
$247,970
2025
$64,071
$183,899
$247,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,203
$247,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Schumer-Yarbrough Development Llc
Building Or Construction Loan
$203,000
No
First
Aug 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,165
$67,835
25%
76%
$1,782/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$2,207/mo
$-97/mo
9.5%

Learn About the Market: Opportunity in Houston

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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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1147 Country Place Dr | Property Details | No Agent List