Last 24 Hours
$2,250
12633 Memorial Drive #171, Houston, TX, 77024
On Market
Just Added
Lease
3 Beds
2 Bath
1,287 Sq Ft
Condos / Townhouses
$1.75 / sqft
Built in 1969Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingAppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Freestanding Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile
Building Information
Year Built1969
Stories1
Land Information
APN1118290160013
SubdivisionThe Pines Condo
Land UseResidential
Legal DescriptionUNIT 171 BLDG R .004742 INT COMMON LAND & ELE THE PINES CONDO
Census Tract430900
Assessed Land Value$51,963
Assessed Improvement Value$221,526
Assessment Year2025
About this property
Recently remodeled 3 bedrooms, 2 bath condo located in the heart of Memorial, zoned to Frostwood elementary, Memorial Middle and Memorial High. Laminated flooring throughout the unit, updated kitchen with Granite counter top and stainless steel appliance. Extra room is perfect for study/home office, another extra room is perfect for additional storage. Close to Memorial City Mall and City Centre. Water and electricity are included in rent.
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,961
$273,489
2025
$51,963
$221,526
$273,489
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,961
$273,489
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$237,500
No
First
Sep 8, 2022
Oct 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,120
$53,369
19%
80%
$1,424/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,424/mo
+$1,096/mo
11.1%
12.4%