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$2,068,000

NAL Estimated Property Value

121 Memorial Parkview Dr, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths4,685 Sq Ft
price_per_sqft$467.24 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

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
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size3,994 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1359420030010
Lot Number10
Land UseResidential
Legal DescriptionLT 10 BLK 1 MEMORIAL GREEN SEC 2 R/P & EXTN
Census Tract430900
Assessed Land Value$644,248
Assessed Improvement Value$1,382,581
Assessment Year2025

About this property

UNDER CONSTRUCTION! New Construction by Award-Winning Jeff Paul Custom Homes! The Buckingham Plan features stunning wall of windows on first floor with open-layout kitchen, dining and living with fireplace and beam ceiling detail overlooking private courtyard. High ceilings and oak flooring throughout, elevator installed. Second-floor spacious primary suite with oversized bath his and her vanities, walk-in shower, tub and walk-in closet; utility room, ensuite secondary bedroom and study. Third-floor ensuite secondary bedroom, game room with wet bar, powder bath and storage room. Roof terrace. Outdoor living with summer kitchen and pavilion, room for cocktail pool. Offering the Lock&Leave lifestyle. BY APPOINTMENT ONLY.

Investor Tools

Property Icon
$2,068,000
Estimated Property Value
$1,729,619Estimated Mortgage Balance
$338,381Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,134 /month
Positive
Cash Flow Estimate:
$4,378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,680/month
$3,680/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,826
$2,026,829
2025
$644,248
$1,382,581
$2,026,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,826
$2,026,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$1,400,000
No
First
Jan 31, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,729,619
$366,381
17%
84%
$10,793/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$14,473/mo
$-11,953/mo
1.5%

City: Houston

121 Memorial Parkview Dr | Property Details | No Agent List