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$1,760,584

13042 Memorial Dr, Houston, TX, 77079

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size10,398 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN0920090000020
Lot Number20
SubdivisionMemorial Plaza
Land UseResidential
Legal DescriptionLT 20 BLK 1 MEMORIAL PLAZA SEC 2
Census Tract450100
Assessed Land Value$470,400
Assessed Improvement Value$1,290,184
Assessment Year2025

About this property

Pristine home in the desirable Memorial Plaza located across the street from the Houston Audubon nature preserve! Front yard with circular drive, fresh landscaping, and black star gravel. Double paned windows throughout. Recently installed HVAC (2022 & 2023). Spacious island kitchen with travertine floors, gas range, stainless steel appliance package, recessed lighting, dining space + fireplace. Comfortable living room with hardwood flooring, huge windows with views of the backyard/swimming pool + built ins. First floor primary bedroom with two walk-in closets, soaking tub, double sinks, built-in medicine cabinets + shower. Study on first floor with paneled walls, hidden closet and shelves and has a full bathroom next door. Second floor with high end carpet, two huge bedrooms + full bath. Spacious backyard with recent patio, playground, new grass, and recent travertine around the perimeter of sparkling swimming pool. Plenty of space for pets + play. Walking distance to the coveted RCE!

Investor Tools

Property Icon
$1,760,584
Estimated Property Value
$832,750Estimated Mortgage Balance
$932,657Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,564 /month
Positive
Cash Flow Estimate:
$3,521 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,587/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,245
$1,760,584
2025
$470,400
$1,290,184
$1,760,584
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,245
$1,760,584

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$832,750
No
First
Jan 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$827,927
$993,073
54%
47%
$4,993/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$4,993/mo
$-2,263/mo
1.9%

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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13042 Memorial Dr | Property Details | No Agent List