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A+
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$2,804,000

230 Park Laureate Dr, Houston, TX, 77024

Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths6,913 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.68 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Microwave, Electric Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size8,642 sqft

Building Information

Year Built1999
Garage Spaces3

Land Information

APN1181300010020
Lot Number20
SubdivisionPark Laureate Place
Land UseResidential
Legal DescriptionLT 20 BLK 1 PARK LAUREATE PLACE
Census Tract430102
Assessed Land Value$401,460
Assessed Improvement Value$1,323,493
Assessment Year2025

About this property

Exquisite custom estate in desirable Memorial close in neighborhood, located in gated Park Laureate Place, offering security and serenity with an abundance of pristine community green space. As one of only a handful of custom homes in this community, this unique 6,900 sf floor plan is built for entertaining. Centered around the extraordinary chef’s kitchen, featuring luxurious accommodations, including a wine room, formal dining room, cigar lounge, garden room, and elevator. Enjoy al fresco entertaining on one of the two immaculate first floor courtyards or relaxing on the private patio off of the owner’s suite. Four well appointed bedrooms, each with private ensuite bathrooms, with an abundance of distinctive details including high 12 and 10 foot ceilings, expansive windows, four welcoming fireplaces, and a plethora of storage. Residents get access to Park Laureate building amenities including a fitness center, massive green space with walking trails, and upcoming pickleball court.

Investor Tools

Property Icon
$2,804,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,804,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,824 /month
Positive
Cash Flow Estimate:
$5,608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,807/month
$4,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,663
$1,724,953
2025
$401,460
$1,323,493
$1,724,953
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,663
$1,724,953

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,336,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$4,800/mo
$-1,550/mo
1.4%

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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230 Park Laureate Dr | Property Details | No Agent List