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$225,600

14333 Memorial Dr Apt 7, Houston, TX, 77079

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,800 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Building Information

Year Built1968
Stories2

Land Information

APN1114330000007
SubdivisionNottingham Forest T/H
Land UseResidential
Legal DescriptionUNIT 7 BLDG A .015462 INT COMMON LAND & ELE NOTTINGHAM FOREST T/H AMEND
Census Tract450700
Assessed Land Value$42,864
Assessed Improvement Value$182,736
Assessment Year2025

About this property

Charming Nottingham Forest townhome tucked away in a quiet community attached to one of the most desirable neighborhoods in Memorial West. This wonderful home has 3 bedrooms, 2 1/2 bathrooms, open floor plan, lots of storage and room for a home office. Updated with wood floors, cabinets, windows, granite, recessed lighting, stainless appliances, fresh paint, updated bathrooms, lighting, fixtures and hardware. Spacious remodeled kitchen with bar area overlooking family room. Large primary bedroom with walk-in closet and spacious updated bathroom. Washer, dryer and refrigerator included with the lease as well as cable TV, electric, water and trash! Superior end unit with no side neighbors, 2 parking spaces and fenced courtyard/patio area. Zoned to wonderful Spring Branch schools, all within walking distance.

Investor Tools

Property Icon
$225,600
Estimated Property Value
$164,000Estimated Mortgage Balance
$71,962Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,354 /month
Positive
Cash Flow Estimate:
$451 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,592
$225,600
2025
$42,864
$182,736
$225,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,592
$225,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Paducah Bank & Trust Co
Purchase Money Mortgage
$164,000
No
First
Dec 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,638
$71,962
31%
68%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$984/mo
+$1,126/mo
11.2%

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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14333 Memorial Dr Apt 7 | Property Details | No Agent List