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$2,115,000

NAL Estimated Property Value

11925 Memorial Dr, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,602 Sq Ft
price_per_sqft$351.75 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size17,250 sqft

Building Information

Year Built1968
Garage Spaces1

Land Information

APN0780250020005
Lot Number5
SubdivisionLakeview
Land UseResidential
Legal DescriptionLT 5 BLK 2 LAKEVIEW
Census Tract430900
Assessed Land Value$861,000
Assessed Improvement Value$319,000
Assessment Year2025

About this property

Impeccably renovated home in prestigious Memorial Villages, boasting French Oak HARDWOOD FLOORS, OPEN-CONCEPT layout, and modernized features throughout located on over 17,000 sf lot. This captivating residence offers a seamless blend of style and comfort, featuring a PORCELAIN TILE fireplace, QUARTZ countertops in the kitchen, and a beautifully renovated primary bathroom shower. Enjoy the tranquility of the oversized lot with a sparkling POOL and stone waterfall, perfect for entertaining or relaxing. With 3,602 SF of living space, including a spacious master suite on the first floor and a versatile den/game room on the second level, this home offers endless possibilities. Interior filled with natural light through DOUBLE PANE WINDOWS. Nestled in the sought-after Lakeview/Memorial area, and zoned to exemplary schools, this property epitomizes prestige and value. Experience the epitome of luxury living in this exquisite home with unparalleled charm and sophistication.

Investor Tools

Property Icon
$2,115,000
Estimated Property Value
$820,775Estimated Mortgage Balance
$1,294,225Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,690 /month
Positive
Cash Flow Estimate:
$4,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,805/month
$786/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,082
$1,180,000
2025
$861,000
$319,000
$1,180,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,082
$1,180,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$850,000
No
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$820,775
$1,030,225
55%
39%
$5,097/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$5,883/mo
$-3,363/mo
1.4%

City: Houston

11925 Memorial Dr | Property Details | No Agent List