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$236,000

NAL Estimated Property Value

11711 Memorial Dr Apt 272, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,286 Sq Ft
price_per_sqft$181.1 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringWood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977
Stories1

Land Information

APN1133650000009
SubdivisionHudson Oaks Townhouse Condo
Land UseResidential
Legal DescriptionUNIT 272 BLDG R .083936 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 1A
Census Tract430900
Assessed Land Value$42,750
Assessed Improvement Value$182,250
Assessment Year2025

About this property

Welcome home to this beautiful tree house in the heart of Memorial! Tastefully updated and move-in ready, this 2nd floor unit offers the best in condo living with 2 bedrooms, 1.5 baths, 2 covered carport spaces and engineered hardwood floors throughout. The living room is open to the dining and features a cathedral ceiling, recently installed electric fireplace, track lighting and sliding glass doors to the balcony that overlooks a peaceful courtyard. The kitchen boasts freshly painted cabinets as well as updated hardware and light fixtures. Additionally, the kitchen features SS appliances, granite countertops and decorative tile backsplash. A spacious primary bedroom has large glass doors open to another small balcony, a large vanity and a double walk-in closet. The bath sports a recently remodeled step-in shower. Convenient powder room off living room across from second bedroom. Replaced drain lines in 2022. New shower valve, handle and full shower remodel in 2023. Welcome Home!

Investor Tools

Property Icon
$236,000
Estimated Property Value
$213,086Estimated Mortgage Balance
$22,914Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$563/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,970
$225,000
2025
$42,750
$182,250
$225,000
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,970
$225,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$218,927
No
First
Nov 25, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,086
$11,914
5%
90%
$1,313/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,876/mo
+$34/mo
9.7%

Learn About the Market: Opportunity in Houston

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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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11711 Memorial Dr Apt 272 | Property Details | No Agent List