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$218,000

NAL Estimated Property Value

12633 Memorial Drive 2/7, Houston, TX, 77024

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths748 Sq Ft
price_per_sqft$187.17 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave

Building Information

Year Built1969
Stories1

Land Information

APN1118290060002
SubdivisionThe Pines Condo
Land UseResidential
Legal DescriptionUNIT 58 BLDG G .004398 INT COMMON LAND & ELE THE PINES CONDO
Census Tract430900
Assessed Land Value$35,920
Assessed Improvement Value$153,134
Assessment Year2025

About this property

This fully remodeled 1 bedroom /1 bath corner unit condo is absolutely stunning! Full kitchen with Quartz countertops, white modern tile backsplash, and newer appliances, this condo is sure to impress. Additionally, this property is zoned to Great Schools in Spring Branch, ensuring that you have access to quality education for your family. Water and electricity, are included in the HOA. You also get an assigned parking space close to the unit, which is very convenient. this property also offers two pools that are available for residents to use. These pools are perfect for relaxing and enjoying the warm weather in Houston. Finally, the location of this condo is unbeatable. It is located near City Centre, Memorial City Mall, and Memorial Hermann hospital, making it easy to enjoy all the shopping, dining, and healthcare options that these areas have to offer. Overall, this property is move-in ready and sure to provide you with the comfortable lifestyle you deserve!

Investor Tools

Property Icon
$218,000
Estimated Property Value
$0Estimated Mortgage Balance
$218,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
$381/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,645
$189,054
2025
$35,920
$153,134
$189,054
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,645
$189,054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$218,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$381/mo
+$1,529/mo
10.5%

City: Houston

12633 Memorial Drive 2/7 | Property Details | No Agent List