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$750,000

12739 Memorial Drive, Houston, TX, 77024

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,891 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$396.62 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, 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

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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%

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.

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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