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$323,584

NAL Estimated Property Value

12625 Memorial Dr Apt 90, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,396 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.58 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,638 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1065780100090
Lot Number90
SubdivisionSomerset Place 3rd R/P
Land UseResidential
Legal DescriptionLT 90 BLK E SOMERSET PLACE 2ND R/P
Census Tract430900
Assessed Land Value$131,856
Assessed Improvement Value$191,728
Assessment Year2025

About this property

This property offers one month free now. Extensively remodeled 2/2/1 townhouse in highly desirable Somerset with the very best Spring Branch schools, a quiet community in a busy area. Downstairs with wood flooring, granite, and stainless steel appliances (Refri, washer/dryer). Attached two-car garage. Primary bedroom with walk-in closets. Somerset ensures safety with 24/7 guard gate. Community pool and central park provide more choice of entertainment. Convenient to everywhere including I-10, Beltway, grocery, entertainment, medical facilities, and businesses. Close to City Center, Memorial City mall, and numerous restaurants.

Investor Tools

Property Icon
$323,584
Estimated Property Value
$0Estimated Mortgage Balance
$323,584Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,942 /month
Positive
Cash Flow Estimate:
$647 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,963
$323,584
2025
$131,856
$191,728
$323,584
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,963
$323,584

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$323,584
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
9.3%

City: Houston

12625 Memorial Dr Apt 90 | Property Details | No Agent List