Last 24 Hours
$440,000
12625 Memorial Dr Apt 168, Houston, TX, 77024
On Market
3 Beds
2 Bath
2,254 Sq Ft
Condos / Townhouses
$195.21 / sqft
Built in 1980Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size2,653 sqft
Building Information
Year Built1980
Stories2
Garage Spaces2
Land Information
APN1065780220004
Lot Number168
SubdivisionSomerset Place 3rd R/P
Land UseResidential
Legal DescriptionLT 168 BLK O SOMERSET PLACE 3RD R/P
Census Tract430900
Assessed Land Value$150,918
Assessed Improvement Value$285,901
Assessment Year2025
About this property
Nestled in a peaceful neighborhood, this charming home boasts 3 bedrooms, 2 bathrooms, and a spacious backyard perfect for outdoor gatherings. The open-concept layout features a modern kitchen with stainless steel appliances and a cozy living room with a fireplace. With updated flooring throughout, this property offers comfort and style. Enjoy the convenience of a two-car garage and easy access to nearby parks and schools. Don't miss the opportunity to make this place your home!
Investor Tools
$0Estimated Mortgage Balance
$436,819Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,259
$436,819
2025
$150,918
$285,901
$436,819
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,259
$436,819
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$436,819
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
6.9%
12.4%