Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$382,000

NAL Estimated Property Value

12625 Memorial Dr Apt 2, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,158 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$88 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWasher/Dryer
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony, Courtyard
Lot Size1,999 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1065780010002
Lot Number2
SubdivisionSomerset Place 3rd R/P
Land UseResidential
Legal DescriptionLT 2 SOMERSET PLACE 2ND R/P
Census Tract430900
Assessed Land Value$144,000
Assessed Improvement Value$238,000
Assessment Year2025

About this property

Calling all buyers/investors! Spacious townhome in a gated/manned community that is zoned to highly sought after schools. Downstairs large living room with fireplace and large kitchen with walk in pantry. Upstairs you will find a large primary bedroom with high ceilings and 2 walk in closets. Primary bathroom includes double sinks and shower/tub combination. 2 additional secondary bedrooms upstairs, both with walk in closets and large shared full bathroom upstairs with shower/tub combo. This gem is ready for you to make into your own!

Investor Tools

Property Icon
$382,000
Estimated Property Value
$0Estimated Mortgage Balance
$382,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
$5,280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,226
$382,000
2025
$144,000
$238,000
$382,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,226
$382,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$382,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$5,280/mo
$-2,760/mo
7.9%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

12625 Memorial Dr Apt 2 | Property Details | No Agent List