1view

Owner Contacts

$192,769

NAL Estimated Property Value

12633 Memorial Dr Apt 74, Houston, TX, 77024

Off Market

1 Beds

2 Bath

1,348 Sq Ft

$132.79 / sqft

Built in 1969

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1

Bathrooms Full 2

Heating Central

Cooling

FlooringLaminate, Tile

Building Information

Year Built1969

Stories2

Land Information

APN1118290070010

SubdivisionThe Pines Condo

Land UseResidential

Legal DescriptionUNIT 74 BLDG H .004367 INT COMMON LAND & ELE THE PINES CONDO

Census Tract430900

Assessed Land Value$36,626

Assessed Improvement Value$156,143

Assessment Year2025

About this property

Nestled in the highly sought-after Memorial area, this stylish condo offers exceptional convenience with quick access to Beltway 8 and I-10, and is just minutes from premier shopping and dining. The unit is located on the second floor and features a soaring high-ceiling living room and a primary bedroom on the same level. A spacious loft-style den on the third floor includes a closet and a full bath, ideal for a home office, guest suite, or flex space. Zoned to exemplary Spring Branch ISD schools. Water, sewer, electricity, and trash are included. The community pool is conveniently located directly across from the unit. Don’t miss this opportunity—schedule your showing today!

Investor Tools

$192,769

Estimated Property Value

$0Estimated Mortgage Balance

$192,769Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,157 /month

Positive

Cash Flow Estimate:

$386 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$228/month

$526/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,775

$192,769

2025

$36,626

$156,143

$192,769

Tax History

Year

Tax Paid

Assessed Value

2024

$1,775

$192,769

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$196,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$526/mo

+$1,384/mo

11.9%

Learn About the Market: Opportunity in Houston

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