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$239,829

NAL Estimated Property Value

12633 Memorial Drive 2/9, Houston, TX, 77024

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths748 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 1969

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Oven
FlooringTile

Exterior

Exterior FeaturesPlayground

Building Information

Year Built1969
Stories1

Land Information

APN1118290080005
SubdivisionThe Pines Condo
Land UseResidential
Legal DescriptionUNIT 85 BLDG J .004748 INT COMMON LAND & ELE THE PINES CONDO
Census Tract430900
Assessed Land Value$45,568
Assessed Improvement Value$194,261
Assessment Year2025

About this property

Located off of Beltway 8 in Memorial this is an exquisitely renovated, ground floor unit zoned to award winning Frostwood Elementary, Memorial Middle & Memorial High schools. The amenities are: freshly painted throughout, recent stainless refrigerator, dishwasher, oven, & microwave, soft-close kitchen drawers, wood-look tile flooring throughout, Calcutta Quartz counter tops, walk-in closet, & a stacked washer & dryer come with this unit. There is also a cute patio furniture set on the back patio. Parking space #306 located near the unit. All utilities are included except cable. Good credit a must. See Docs for instructions to apply for credit report & background check, $35. No pets allowed. Do not send credit report to listing agent. Close to City Centre, Town and Country Shopping Center, Memorial City Memorial Hermann Hospital, Memorial City Mall, Energy Corridor, Beltway 8, I-10 and Westpark tollway. Walking distance to great shopping, restaurants and vibrant night time activities.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,642
$239,829
2025
$45,568
$194,261
$239,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,642
$239,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tammy Ta Le
Balloon
$100,000
No
First
Mar 21, 2025
Apr 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,939
$141,890
59%
41%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$600/mo
+$1,920/mo
12.6%

Learn About the Market: Opportunity in Houston

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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

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12633 Memorial Drive 2/9 | Property Details | No Agent List