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$2,647,000

NAL Estimated Property Value

117 Memorial Parkview Dr, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths5,689 Sq Ft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3,990 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1359420030008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 1 MEMORIAL GREEN SEC 2 R/P & EXTN
Census Tract430900
Assessed Land Value$644,033
Assessed Improvement Value$1,307,084
Assessment Year2025

About this property

LOT LISTING, PRICED AT LOT ONLY! Design and build your dream home in Memorial Green Homes! This lot can accommodate a 2-3 story custom home with private courtyard and room for a cocktail pool. Memorial Green is a gated community located in the heart of Memorial, true lock-and-leave. Choose to build with one of our premiere custom builders: Jeff Paul Custom Homes, McCollum Custom Homes. Zoned to: Frostwood Elementary, Memorial Middle and Memorial High School. BY APPOINTMENT ONLY.

Investor Tools

Property Icon
$2,647,000
Estimated Property Value
$1,287,170Estimated Mortgage Balance
$1,359,830Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,882 /month
Positive
Cash Flow Estimate:
$5,294 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,708/month
$4,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,264
$1,951,117
2025
$644,033
$1,307,084
$1,951,117
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,264
$1,951,117

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$1,305,000
No
First
Apr 22, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,287,170
$1,315,830
50%
49%
$7,716/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$11,916/mo
$-9,396/mo
1.1%

City: Houston

117 Memorial Parkview Dr | Property Details | No Agent List