$222,000
NAL Estimated Property Value11711 Memorial Drive 52, Houston, TX, 77024
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Tile
Exterior
Exterior FeaturesBalcony
Building Information
Year Built1977
Stories1
Land Information
APN1133600000007
SubdivisionHudson Oaks Townhouse Condo
Land UseResidential
Legal DescriptionUNIT 52 BLDG D .083936 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 1A
Census Tract430900
Assessed Land Value$41,708
Assessed Improvement Value$177,809
Assessment Year2025
About this property
Nestled amongst the trees, 2BR townhome is ready for move in! Well maintained upstairs corner unit complete with two balconies to enjoy nature every day. Kitchen features stainless appliances, Maple wood cabinets, custom pantry and Granite countertops. Living Room has cathedral ceiling, Large bath has Garden tub w/ shower, assigned carports #92 & #93. Washer/Dryer and refrigerator stay. Highly desirable location within the community. 24 hour manned gate. Easy access to Memorial City Mall, Town Center, Galleria. Much desired Spring Branch School District!
Investor Tools
$222,000
Estimated Property Value
$198,107Estimated Mortgage Balance
$23,893Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$547/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,845
$219,517
2025
$41,708
$177,809
$219,517
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,845
$219,517
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanunited.Com Llc
Va
$210,000
Yes
First
Apr 14, 2023
May 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,107
$23,893
10%
89%
$1,260/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,807/mo
+$103/mo
10.3%
