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NoAgentList RatingHow are grades calculated?Info
Days92Days on Market
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$279,900

1147 Country Place Drive, Houston, TX, 77079

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,992 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.51 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Must-SellHigh EquityMove-In Ready

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 is no ordinary Memorial Club renovation—it’s the one that finally gets it right. Every room has been thoughtfully refreshed, revived, and gracefully lifted out of the 1980s, while still preserving the warmth and comfort that make a house truly feel like home. The kitchen gleams with understated elegance, the bathrooms are bright and inviting enough to make even the simplest routines feel pleasant, and the floors are impeccably finished—so pristine they may make you pause before bringing in that late-night snack. The result is a home that feels both modern and effortlessly livable: polished yet welcoming, refined without ever feeling like a showroom. Quite possibly the most beautifully updated home in the neighborhood—though we’ll leave that for you to say

Investor Tools

$202,165Estimated Mortgage Balance
$67,835Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

David Gutierrez

Prime Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$296/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%
75%
$1,782/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$2,207/mo
$-97/mo
9.4%

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 Drive | Property Details | No Agent List