$176,000
NAL Estimated Property Value11711 Memorial Drive 71, Houston, TX, 77024
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesMicrowave, Electric Cooktop, Washer/Dryer Stacked, Dishwasher
FlooringCarpet
Building Information
Year Built1977
Land Information
APN1133610000003
SubdivisionHudson Oaks Townhouse Condo
Land UseResidential
Legal DescriptionUNIT 71 BLDG E .064870 INT COMMON LAND & ELE HUDSON OAKS T/H CONDO SEC 1A
Census Tract430900
Assessed Land Value$33,440
Assessed Improvement Value$142,560
Assessment Year2025
About this property
Beautifully updated condo in a great location! This ground-floor unit features 1 bedroom and 1 full bathroom. Other features include in-unit laundry, spacious walk-in closet, private patio and a cozy fireplace! Enjoy community amenities such as pools and gated access. The complex is only minutes from shopping, entertainment and restaurants with easy access to I-10.
Investor Tools
$176,000
Estimated Property Value
$79,909Estimated Mortgage Balance
$96,091Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
$423/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,985
$176,000
2025
$33,440
$142,560
$176,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,985
$176,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$85,000
No
First
Feb 15, 2023
Mar 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,909
$96,091
54%
45%
$510/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$933/mo
+$667/mo
10.9%
