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$810,000

2108 N Memorial Way, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,444 Sq Ft
price_per_sqft$235.19 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,797 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1363710010005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 1 TRICONS NORTH MEMORIAL WAY COURT
Census Tract510201
Assessed Land Value$176,000
Assessed Improvement Value$613,192
Assessment Year2025

About this property

Don’t miss this rare opportunity for a move-in ready luxury home near the heart of downtown! Custom upgrades abound in the 3-4 bedrooms, 3.5 baths, an entertainment suite, and a 2-car garage. Neighborhood restaurants, walking trails, and parks are a short walk away. The 1st floor has wood floors throughout. The kitchen includes stainless steel appliances, Silestone counters, and custom cabinetry. The open concept dining area leads to a large family area including a gas log fireplace and access to the no maintenance turf backyard. The 2nd floor hosts a spacious primary bedroom including an oversized custom-built closet and bath with double sinks, jetted tub, and separate shower. The 2nd floor includes an additional bedroom, a bedroom/office with a Pendleton safe that stays with the home, and a laundry room. The 3rd floor features a tiered media room with wet bar and a bonus room/bedroom with access to the rooftop deck. Electronics & appliances are available for purchase.

Investor Tools

$538,772Estimated Mortgage Balance
$383,228Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,532 /month
Positive
Cash Flow Estimate:
$1,844 /month

Interested in this property?

Michael Greiner

My Castle Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,247
$789,192
2025
$176,000
$613,192
$789,192
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,247
$789,192

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Home Loan Expert Llc
Va
$584,510
Yes
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$538,772
$383,228
41%
58%
$3,505/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,505/mo
$-925/mo
3.4%

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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2108 N Memorial Way | Property Details | No Agent List