Last 24 Hours
$403,000
NAL Estimated Property Value12625 Memorial Dr Apt 160, Houston, TX, 77024
Off Market
3 Beds
3 Bath
1,935 Sq Ft
Condos / Townhouses
$1.65 / sqft
Built in 1980Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size2,143 sqft
Building Information
Year Built1980
Stories2
Garage Spaces2
Land Information
APN1065780210008
Lot Number160
SubdivisionSomerset Place 3rd R/P
Land UseResidential
Legal DescriptionLT 160 BLK N SOMERSET PLACE 3RD R/P
Census Tract430900
Assessed Land Value$146,718
Assessed Improvement Value$249,769
Assessment Year2025
About this property
Located in Somerset Place, a gated community conveniently located in the Heart of Memorial. Kitchen features Granite counters, Stainless Steel appliances, abundant cabinets. Formal dining area. Spacious family room with fireplace and wet bar. Large primary bedroom with two walk-in closets. Spacious secondary BR's. Washer, dryer, fridge included. You will enjoy the private patios. SBISD Schools; Frostwood Elementary, Memorial Middle & Memorial HS.
Investor Tools
$403,000
Estimated Property Value
$0Estimated Mortgage Balance
$403,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,815
$396,487
2025
$146,718
$249,769
$396,487
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,815
$396,487
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$396,487
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
N/A
+$2,520/mo
7.5%
12.4%