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Owner Contacts

$261,000

11711 Memorial Dr Apt 641, Houston, TX, 77024

Off Market

2 Beds

3 Bath

1,462 Sq Ft

Condos / Townhouses

$171 / sqft

Built in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Washer/Dryer, Oven

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977

Stories2

Land Information

APN1144530120004

SubdivisionHudson Oaks Townhouse Condo

Land UseResidential

Legal DescriptionUNIT 641 BLDG L .008002 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 2

Census Tract430900

Assessed Land Value$48,290

Assessed Improvement Value$205,870

Assessment Year2025

About this property

Charming 2-story townhome in the highly-desired & manned-gated Hudson Oaks community, w/2 beds, 2 1/2 updated baths & 2-car assigned carport parking. Features keyless entry, recent engineered wood & hardwood flooring, fresh paint, plantation shutters, thick crown molding & more. Open-concept 1st floor offers central powder bath, spacious family room w/fireplace, & elegant dining room. Chef's kitchen w/freshly-painted white cabinets, ample pantry storage, & black/white appliances; including electric oven/range & built-in microwave. Primary Suite upstairs w/2nd fireplace, soaring vaulted ceilings, huge walk-in closet w/custom built-ins, private balcony, & en-suite bath w/tub/shower combo. Second bed also w/walk-in closet & en-suite bath, could be 2nd Master. French doors open to private fenced patio for outdoor entertaining. Short walk to sparkling community pool & near endless premier shopping, dining & entertainment. Near major highways for easy commute. Zoned to Spring Branch ISD.

Investor Tools

$261,000

Estimated Property Value

$235,125Estimated Mortgage Balance

$34,691Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,566 /month

Positive

Cash Flow Estimate:

$522 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$303/month

$444/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,326

$254,160

2025

$48,290

$205,870

$254,160

Tax History

Year

Tax Paid

Assessed Value

2024

$2,326

$254,160

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$235,125

First

Apr 26, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$226,309

$27,851

10%

87%

$1,410/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$1,854/mo

+$56/mo

8.8%

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