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$850,000

523 Archwood Trail, Houston, TX, 77007

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,765 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.76 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Wood, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size2,749 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1212800020006
Lot Number6
SubdivisionMemorial Heights
Land UseResidential
Legal DescriptionLT 6 BLK 2 MEMORIAL HEIGHTS SEC 7
Census Tract510202
Assessed Land Value$222,507
Assessed Improvement Value$479,900
Assessment Year2025

About this property

Tucked within a prestigious, manned-gated community in the heart of Rice Military, this home offers a rare blend of privacy, convenience, and luxury. Located just steps from Spotts Park with direct community access, and catty-corner to the charming community gazebo, this home is the perfect city retreat. Inside, you'll find spacious first-floor living and a thoughtfully designed layout ideal for both everyday comfort and entertaining. The home is move-in ready, complete with all appliances. Three of the four bedrooms are located on the second floor, including the serene primary suite with a cozy sitting/reading nook. The third floor flex space offers versatility as a guest suite, game room, or home office. Fresh interior paint and ample storage throughout complete the offering. Enjoy the best of Houston living with easy access to parks, dining, and downtown, all while nestled in a secure and beautifully maintained community.

Investor Tools

$0Estimated Mortgage Balance
$866,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,196 /month
Positive
Cash Flow Estimate:
$1,732 /month

Interested in this property?

Katharine Nichols

Lemon Grove Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$911/month
$4,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,604
$702,407
2025
$222,507
$479,900
$702,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,604
$702,407

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$866,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,650/mo
$-1,310/mo
4.6%

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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523 Archwood Trail | Property Details | No Agent List