$240,371
NAL Estimated Property Value11711 Memorial Drive 577, Houston, TX, 77024
Off Market
Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher, Washer/Dryer, Oven
FlooringVinyl
Exterior
Exterior FeaturesBalcony
Building Information
Year Built1977
Stories2
Land Information
APN1144530180002
SubdivisionHudson Oaks Townhouse Condo
Land UseResidential
Legal DescriptionUNIT 577 BLDG R .008002 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 2
Census Tract430900
Assessed Land Value$45,670
Assessed Improvement Value$194,701
Assessment Year2025
About this property
Great Location, minutes to shopping & dining! Bright and open floorplan with high ceilings. Pride of ownership and attention to detail shown throughout. Primary bedroom with vaulted ceiling, fireplace and en suite bath. Luxury vinyl plank downstairs, fully updated bathrooms, soft close cabinets, fresh paint. Exemplary Spring Branch schools! HVAC replaced 2020, Hot Water heater 2023, HOA replaced roof in 2020.
Investor Tools
$240,371
Estimated Property Value
$242,801Estimated Mortgage Balance
$240,371Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
$523/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,866
$240,371
2025
$45,670
$194,701
$240,371
No
Tax History
Year
Tax Paid
Assessed Value
2020
$1,866
$240,371
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Va
$253,085
Yes
First
Feb 27, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,801
N/A
0%
101%
$1,518/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,041/mo
$-131/mo
9.5%
