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$251,410

NAL Estimated Property Value

11711 Memorial Dr Apt 557, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,426 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$170.34 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Building Information

Year Built1977
Stories2

Land Information

APN1144530110002
SubdivisionHudson Oaks Townhouse Condo
Land UseResidential
Legal DescriptionUNIT 557 BLDG K .008002 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 2
Census Tract430900
Assessed Land Value$47,768
Assessed Improvement Value$203,642
Assessment Year2025

About this property

Charming & beautifully updated 2-story townhome in the 24-hr manned/gated community of Hudson Oaks; with 2 beds & 2.5 baths. Zoned to Spring Branch ISD. Features wood-look tile floors, fresh paint & natural light. 1st floor includes spacious family room with fireplace, & formal dining room open to the Chef's kitchen; boasting white cabinetry, granite counters, custom backsplash, & modern SS appliances; including electric oven/range, built-in microwave & side-by-side fridge. Washer & dryer also included. Both bedrooms upstairs with private en-suite baths; including Primary Suite with 2nd fireplace, balcony & walk-in closet. Triple French doors open to slate-tiled fenced patio with room for grilling, entertaining & gardening. Gate opens directly to 2 assigned & covered parking spaces. Residents enjoy sparkling pool, grounds maintenance, cable TV & more. Near endless shopping, dining & entertainment, including Memorial City & Galleria. Approx 35 mins to TX Medical Center & both airports.

Investor Tools

Property Icon
$251,410
Estimated Property Value
$24,577Estimated Mortgage Balance
$226,833Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,508 /month
Positive
Cash Flow Estimate:
$503 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$466/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,633
$251,410
2025
$47,768
$203,642
$251,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,633
$251,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Members Choice Cu
Stand Alone First / Home Equity First Lien
$30,000
No
First
Aug 4, 2017
Sep 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,577
$226,833
90%
10%
$180/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$646/mo
+$1,264/mo
9.1%

City: Houston