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$125,063

NAL Estimated Property Value

14333 Memorial Dr Apt 39, Houston, TX, 77079

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths999 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$116.04 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Dishwasher

Building Information

Year Built1968
Stories1

Land Information

APN1114360000008
SubdivisionNottingham Forest T/H
Land UseResidential
Legal DescriptionUNIT 39 BLDG D .008695 INT COMMON LAND & ELE NOTTINGHAM FOREST T/H AMEND
Census Tract450700
Assessed Land Value$23,762
Assessed Improvement Value$101,301
Assessment Year2025

About this property

This beautiful 2 bed 1.5 bath Condo located in the heart of the Memorial/Energy Corridor. This home is nestled in a quiet community closed to everything. Located within minutes from Shopping and Restaurants. With some refreshing touch ups from you it can be your HOME. HUD case #493-935180. All properties are sold AS IS without any guarantee or warranty by seller. BUYERS TO VERIFY ALL INFO. FOR UTILITY TURN ONS, APPROVAL MUST BE GRANTED IN ADVANCE FROM HUD’S FIELD SERVICE MANAGER. IN CASES WHERE PLUMBING DEFICIENCIES EXIST, APPROVAL FOR WATER TURN-ON MAY BE DENIED.

Investor Tools

Property Icon
$125,063
Estimated Property Value
$66,834Estimated Mortgage Balance
$58,229Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
$498/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$125,063
2025
$23,762
$101,301
$125,063
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$125,063

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Urban Financial Group
Reverse Mortgage / Hecm
$112,500
No
First
Oct 28, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,834
$58,229
46%
53%
$675/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,173/mo
+$427/mo
15.4%

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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14333 Memorial Dr Apt 39 | Property Details | No Agent List