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$461,333

NAL Estimated Property Value

12625 Memorial Dr Apt 139, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,606 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$172.29 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,579 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN1065780190009
Lot Number139
SubdivisionSomerset Place 3rd R/P
Land UseResidential
Legal DescriptionLT 139 BLK L SOMERSET PLACE 3RD R/P
Census Tract430900
Assessed Land Value$150,480
Assessed Improvement Value$310,853
Assessment Year2025

About this property

This is an absolutely beautiful, remodeled 3 bedroom, 2.5 bath townhome in Somerset Place that is a must see! The inviting Entry Foyer has a soaring ceiling with a large skylight that floods the stairway with light. Gorgeous wood flooring throughout the first floor and the upstairs hallway! The Island Kitchen has the loveliest stone countertops, stainless appliances including double convection ovens and a 5-burner flat top electric cooktop. The kitchen is open to a large Dining Room. There is a huge Den with gas log fireplace and an adjacent walled patio area, perfect for a little gardening! At the top of the attractive stairway is the Primary Bedroom, a vast room with a nice sitting area with fireplace. The Primary Bath has a raised ceiling with a great skylight, separate vanities plus makeup space and a large walk-in shower. Double sided walk-in closet! Two more bedrooms and a wonderful bathroom with double sinks and shower/tub are also upstairs as well as the utility room. So fine!

Investor Tools

Property Icon
$461,333
Estimated Property Value
$305,212Estimated Mortgage Balance
$156,121Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,768 /month
Positive
Cash Flow Estimate:
$923 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
$5,580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$317
$461,333
2025
$150,480
$310,853
$461,333
No

Tax History

Year
Tax Paid
Assessed Value
2024
$317
$461,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$308,000
No
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,212
$156,121
33%
66%
$1,972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$7,552/mo
$-5,032/mo
6.6%

City: Houston

12625 Memorial Dr Apt 139 | Property Details | No Agent List