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$544,000

NAL Estimated Property Value

15607 Memorial Dr, Houston, TX, 77079

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,133 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.12 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dryer, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Building Information

Year Built1978
Garage Spaces2

Land Information

APN1072870000006
SubdivisionBroken Bayou U/R
Land UseResidential
Legal DescriptionUNIT 14 BROKEN BAYOU U/R
Census Tract450500
Assessed Land Value$82,500
Assessed Improvement Value$347,862
Assessment Year2025

About this property

Nestled in the exclusive, gated community of Broken Bayou, this gorgeous Memorial townhome has been masterfully redefined to today's luxury high end finishes. From the beautiful gloss tiled floors to soaring ceilings, the free flow floor plan brings you a magnificent "showstopper" of a Chef's kitchen featuring endless countertops accented by exquisite backsplash w/professional grade stainless steel appliances. Easily entertain from dining to living room while providing music through built-in speakers. Pass the two story, polished Austen limestone fireplace to a highly desired master suite first floor. Every detail was thoughtfully designed to provide the ultimate retreat from the luxurious soaking tub, massive stand up shower & back-lit vanity. Two bedrooms w/private on-suite upstairs with serene wooded views. A truly rare unit providing an impressive entertaining courtyard & outdoor living areas. Within minutes to shopping, dining, entertainment, Terry Hershey Park & major freeways.

Investor Tools

Property Icon
$544,000
Estimated Property Value
$0Estimated Mortgage Balance
$544,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,080/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,236
$430,362
2025
$82,500
$347,862
$430,362
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,236
$430,362

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$430,362
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
N/A
+$2,110/mo
4.7%

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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