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$229,000

11711 Memorial Dr Apt 572, Houston, TX, 77024

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,286 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$178.07 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977
Stories1

Land Information

APN1144530190007
SubdivisionHudson Oaks Townhouse Condo
Land UseResidential
Legal DescriptionUNIT 572 BLDG S .006745 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 2
Census Tract430900
Assessed Land Value$35,987
Assessed Improvement Value$153,420
Assessment Year2025

About this property

Nestled in the center of Memorial, this serene condo features tree top views from every room. Anchored by a fireplace the living room flows to the dining room and updated kitchen. The bathrooms have also been recently updated and feature on-trend fixtures and colors. Large primary suite has a wonderful walk-in closet. This is an excellent opportunity to be in Memorial, zoned to SBISD.

Investor Tools

$141,505Estimated Mortgage Balance
$70,231Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

Interested in this property?

Lisa Marshall

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,286
$189,407
2025
$35,987
$153,420
$189,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,286
$189,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Stand Alone Second / Subordinate Position
$150,000
No
First
Apr 3, 2023
Apr 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,505
$52,495
27%
67%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$900/mo
+$1,010/mo
10.9%

City: Houston

11711 Memorial Dr Apt 572 | Property Details | No Agent List