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$799,000

12715 Memorial Drive, Houston, TX, 77024

On MarketInfo
Just AddedInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size12,297 sqft

Land Information

APN0843210000013
Lot Number13
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionLT 13 BLK 3 MEMORIAL BEND SEC 1
Census Tract430900
Assessed Land Value$504,563
Assessment Year2025

About this property

Rare opportunity to secure a cleared lot in the highly desirable Memorial Bend community. Surrounded by luxury new construction and established estate homes, this property offers an ideal setting for a custom residence tailored to your vision. Zoned to top-rated Rummel Creek Elementary, Memorial Middle School, and Memorial High School, this premier location combines prestigious schools with unmatched convenience. Just minutes from CityCentre, Town & Country Village, Memorial City, and Houston's finest dining and shopping destinations. Whether you're a builder, developer, or future homeowner, this exceptional homesite presents endless possibilities in one of Memorial's most coveted neighborhoods.

Investor Tools

$0Estimated Mortgage Balance
$799,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

Interested in this property?

May Pham

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,990
$504,563
2025
$504,563
N/A
$504,563
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,990
$504,563

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$799,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Houston

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Explore

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.

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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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12715 Memorial Drive | Property Details | No Agent List