Last 24 Hours
$750,000
12739 Memorial Drive, Houston, TX, 77024
Pending
3 Beds
2 Bath
1,891 Sq Ft
Single Family Residence
$396.62 / sqft
Built in 1956Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator, Washer
FlooringTile
Exterior
Lot Size11,156 sqft
Building Information
Year Built1956
Stories1
Garage Spaces2
Land Information
APN0843210000007
Lot Number7
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionLT 7 BLK 3 MEMORIAL BEND SEC 1
Census Tract430900
Assessed Land Value$476,726
Assessed Improvement Value$117,621
Assessment Year2025
About this property
Beautifully remodeled single family home features: spacious kitchen w granite counter top, new appliances to include washer/dryer and tiled throughout the home (no carpet). New flooring, bathrooms, hardware to kitchen, fans, light fixtures to kitchen appliances- are all new. new landscaping in front and backyard. This spacious 3 Bed/2 Bath is zoned to exemplary Memorial schools, ideally located near energy corridor, Hershey Park, Memorial City Mall & City Center. Quick access to Sam Houston Toll Way & I-10.
Investor Tools
$470,493Estimated Mortgage Balance
$348,507Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,914 /month
Positive
Cash Flow Estimate:
$1,638 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
$466/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,018
$594,347
2025
$476,726
$117,621
$594,347
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,018
$594,347
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$516,200
No
First
Oct 25, 2021
Nov 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,493
$348,507
42%
57%
$3,095/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$3,561/mo
$-1,041/mo
3.7%
12.4%