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$2,029,000

NAL Estimated Property Value

12811 Memorial Dr, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths1,939 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.81 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size11,138 sqft

Building Information

Year Built2024
Stories1
Garage Spaces2

Land Information

APN0843200000014
Lot Number14
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionLT 14 BLK 2 MEMORIAL BEND SEC 1
Census Tract430900
Assessed Land Value$476,336
Assessed Improvement Value$480,330
Assessment Year2025

About this property

Strategically located in the heart of Memorial Drive. Right across the street from one of the best shopping destinations the city has to offer. This very well maintained 3 bedroom and 2 bathroom home has everything you need to live in the heart of the city. zoned one of the city's best schools.

Investor Tools

Property Icon
$2,029,000
Estimated Property Value
$1,629,447Estimated Mortgage Balance
$399,553Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,174 /month
Positive
Cash Flow Estimate:
$4,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,285
$956,666
2025
$476,336
$480,330
$956,666
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,285
$956,666

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Unknown
$1,641,350
No
First
Dec 9, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,629,447
$406,553
19%
80%
$9,841/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.

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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12811 Memorial Dr | Property Details | No Agent List