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$237,000

1223 Country Place Dr, Houston, TX, 77079

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,840 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringLaminate

Exterior

Lot Size1,451 sqft

Building Information

Year Built1973
Stories2

Land Information

APN1034600190005
Lot Number5
SubdivisionMemorial Club T/H
Land UseResidential
Legal DescriptionLT 5 BLK 19 MEMORIAL CLUB T/H SEC 1
Census Tract450302
Assessed Land Value$65,178
Assessed Improvement Value$165,589
Assessment Year2025

About this property

Conveniently located near I-10 and Beltway 8. Laminate wood & ceramic tiles throughout the whole house. First-floor windows in the front and sliding doors are replaced. New blinds for all windows. all bedrooms with walk-in closets. Master bath was recently remodeled. (not shown in pictures) This subdivision has great amenities: 3 pools, one large, 2 small ones. 2 tennis areas with multiple courts.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$0Estimated Mortgage Balance
$237,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,578
$230,767
2025
$65,178
$165,589
$230,767
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,578
$230,767

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$240,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
N/A
+$2,110/mo
10.7%

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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1223 Country Place Dr | Property Details | No Agent List