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$2,659,000

119 Memorial Parkview Drive, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$522.63 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size3,990 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1359420030009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 1 MEMORIAL GREEN SEC 2 R/P & EXTN
Census Tract430900
Assessed Land Value$644,140
Assessed Improvement Value$1,018,694
Assessment Year2025

About this property

UNDER CONSTRUCTION! This open-layout plan by Award-Winning Jeff Paul Custom Homes will feature stunning stone exterior, high ceilings, wood flooring throughout living areas and primary suite, private courtyard outdoor living and balcony off primary suite. First-floor study off entry, open-layout kitchen, dining and living with fireplace overlooking private courtyard. Second-floor spacious primary suite with oversized bath: his and her vanities, walk-in shower, tub and his and her walk-in closets, two ensuite secondary bedrooms, media room and utility room. Third-floor bonus room offers additional storage or can be upgraded to feature a third ensuite secondary bedroom and gameroom. Two-car garage, elevator and more! Offering the Lock&Leave lifestyle. Walkable to Memorial Green shops and restaurants. SBISD schools (Frostwood Elem., Memorial Middle, Memorial HS) BY APPOINTMENT ONLY.

Investor Tools

Property Icon
$2,659,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,659,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,954 /month
Positive
Cash Flow Estimate:
$5,318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,406/month
$4,326/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,574
$1,662,834
2025
$644,140
$1,018,694
$1,662,834
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,574
$1,662,834

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,659,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$4,326/mo
$-1,806/mo
1.1%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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119 Memorial Parkview Drive | Property Details | No Agent List