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$2,066,000

13 Memorial Point Ln, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths6,015 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.55 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Gas Range, Dishwasher, Instant Hot Water
FlooringBrick, Carpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size42,501 sqft

Building Information

Year Built1971
Stories2
Garage Spaces3

Land Information

APN1023660000013
Lot Number13
SubdivisionMemorial Point
Land UseResidential
Legal DescriptionLT 13 MEMORIAL POINT
Census Tract430400
Assessed Land Value$1,189,200
Assessed Improvement Value$133,923
Assessment Year2025

About this property

A once in a lifetime opportunity to live in Piney Point Village at an incredible price point. This stunning property offers a well-appointed contemporary home on extraordinary 42,500 sf cul-de-sac lot. The two-story home boasts walls of windows overlooking the meticulously landscaped & heavily wooded grounds. Main level features primary suite w/private courtyard, his/her closets & baths; updated kitchen w/quartz counters, island, & Bosch appliances; oversized living rm w/gas FP, dining rm, walk-in wet bar, study w/gas FP & bonus room. Four bdrms up, multi-level decks, gated entries, abundant storage, 3-car garage w/air-conditioned workshop & add'l parking. The heavily treed outdoor living space offers a special area to unwind, relax and restore your soul after a busy day! Loads of natural light. Zoned to exemplary SBISD schools. Property being sold as is, presenting a wonderful opportunity for a buyer to live in now, update or build their dream home later. Seller will make no repairs.

Investor Tools

Property Icon
$2,066,000
Estimated Property Value
$4,926,305Estimated Mortgage Balance
$0Estimated Equity
-138% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,396 /month
Positive
Cash Flow Estimate:
$4,132 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,219
$1,323,123
2025
$1,189,200
$133,923
$1,323,123
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,219
$1,323,123

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Conventional
$4,926,305
No
First
Jul 18, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,877,264
N/A
0%
236%
$29,917/mo

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.

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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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13 Memorial Point Ln | Property Details | No Agent List