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Owner Contacts

$244,000

11711 Memorial Drive 623, Houston, TX, 77024

Off Market

2 Beds

3 Bath

1,440 Sq Ft

Condos / Townhouses

$173.61 / sqft

Built in 1977

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Washer, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977

Stories2

Land Information

APN1144530200004

SubdivisionHudson Oaks Townhouse Condo

Land UseResidential

Legal DescriptionUNIT 623 BLDG T .008002 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 2

Census Tract430900

Assessed Land Value$45,790

Assessed Improvement Value$194,210

Assessment Year2025

About this property

You may fall in love with this beautiful condo in Hudson Oaks, Memorial's finest condo community! Excellent location, near I-10, Beltway 8, City Center & Galleria. Fabulous shopping & eateries in every direction! Enjoy the tall trees, lush landscaping, 3 pools, and easy lifestyle this property has to offer! Ready now! fabulous location. Great recent updates: Hand-scaped porcelain tile, all baths & powder room fully updated. New Custom wooden window shutters, Fresh paint throughout! Open Kitchen concept, farm style sink, Large, private patio. Never flooded! Galvanized pipes were replaced w/Pex pipe throughout! Zoned to Spring Branch schools - Memorial Elem, Spring Branch Middle & Memorial HS! Maint fee covers 24-hr manned entry, bldg insurance, grounds, pool, water, sewer, and basic cable.

Investor Tools

$244,000

Estimated Property Value

$0Estimated Mortgage Balance

$182,917Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,500 /month

Positive

Cash Flow Estimate:

$500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$102/month

$466/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$240,000

2025

$45,790

$194,210

$240,000

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$240,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Financial Texas Inc

Unknown

$119,828

First

Jan 21, 2004

Jan 2024

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$61,083

$182,917

74%

25%

$897/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$1,363/mo

+$547/mo

9.4%

Learn About the Market: Opportunity in Houston

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