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Owner Contacts

$2,682,000

115 Memorial Parkview Dr, Houston, TX, 77024

Off Market

5 Beds

6 Bath

5,860 Sq Ft

Single Family Residence

$379.69 / sqft

Built in 2017

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Stone, Tile, Wood

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen

Lot Size3,990 sqft

Building Information

Year Built2017

Garage Spaces2

Land Information

APN1359420030007

Lot Number7

Land UseResidential

Legal DescriptionLT 7 BLK 1 MEMORIAL GREEN SEC 2 R/P & EXTN

Census Tract430900

Assessed Land Value$643,818

Assessed Improvement Value$1,530,256

Assessment Year2025

About this property

Gorgeous custom home built by McCollum Custom Homes! Stunning slurried brick exterior w/ custom steel front door. Three-story home features 5 beds and 5.5 baths, custom upgrades and designer finishes throughout. Well-appointed island kitchen w/ marble countertops, custom cabinetry, Wolf range w/ custom vent hood, column Sub-Zero, butler’s pantry & bar. Open-layout living floor w/ reclaimed beam ceiling and steel doors overlooking courtyard w/ summer kitchen & fire pit. Second-floor primary bedroom w/ vaulted reclaimed beam ceilings, resort style bath w/ separate tub/walk-in shower, oversized walk-in closet w/ vanity & packing island. 3 ensuite secondary bedrooms, den & utility on second floor. Third floor game room w/ terrace, craft room & workout room. Elevator, custom window treatments and wood floors throughout, epoxy garage floor w/ organization. Control 4 Home Automation. Walkable to Memorial Green shops & restaurants. SBISD schools (Frostwood Elem., Memorial Middle, Memorial HS)

Investor Tools

$2,682,000

Estimated Property Value

$0Estimated Mortgage Balance

$2,682,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$16,092 /month

Positive

Cash Flow Estimate:

$5,364 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,778/month

$4,200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$19,920

$2,174,074

2025

$643,818

$1,530,256

$2,174,074

Tax History

Year

Tax Paid

Assessed Value

2024

$19,920

$2,174,074

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$2,746,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,250/mo

$4,200/mo

$-950/mo

1.5%

Learn About the Market: Opportunity in Houston

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