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$1,582,000

NAL Estimated Property Value

306 W Sam Houston Pkwy N, TX, 77024

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,253 Sq Ft
price_per_sqft$205.71 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size13,338 sqft

Building Information

Year Built1964
Garage Spaces3

Land Information

APN0923670000005
Lot Number5
SubdivisionMemorial Bend
Land UseResidential
Legal DescriptionLT 5 BLK 1 MEMORIAL BEND SEC 4
Census Tract430900
Assessed Land Value$535,811
Assessed Improvement Value$416,713
Assessment Year2025

About this property

Want Privacy? Hidden Property, completely enclosed by Double Layered 10 Ft. Fence and Fully-Automatic Gate with remote or coded entry. No nosey neighbors. This home is huge with 4 Bedrooms (2nd office could be 5th bedroom), 2 Large Offices, Both Formals and 3.5 Baths. Primary Suite and both Offices are on the first floor. Perfect set-up for in-laws that need care or Children & Grandchildren returning to the nest. The rooms are Huge! Zoned AC units, Double-Paned Windows and Blown Attic Insulation keep this property very cool in the summertime. Outdoors this home sits on a 13,342/sqft. lot with plenty of room for family and guests and pets. The driveway is extra wide with loads of room for parking. Memorial Schools. Shopping, Upscale Dining (City Center) and Memorial Bend Club all very close.

Investor Tools

Property Icon
$1,582,000
Estimated Property Value
$613,724Estimated Mortgage Balance
$968,276Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,492 /month
Positive
Cash Flow Estimate:
$3,164 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,556/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,761
$952,524
2025
$535,811
$416,713
$952,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,761
$952,524

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$615,500
No
First
Mar 6, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$613,724
$338,800
35%
39%
$3,691/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$4,116/mo
$-866/mo
2.5%

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.

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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306 W Sam Houston Pkwy N | Property Details | No Agent List