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Owner Contacts

$251,000

NAL Estimated Property Value

5238 Memorial Drive 5238, Houston, TX, 77007

Off Market

Lease

1 Beds

1 Bath

928 Sq Ft

$1.56 / sqft

Built in 1960

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Washer/Dryer Stacked, Dishwasher, Dryer, Washer

FlooringTile, Wood

Exterior

Exterior FeaturesCourtyard, Balcony

Building Information

Year Built1960

Stories1

Land Information

APN1061340000238

SubdivisionHillside T/H Condo

Land UseResidential

Legal DescriptionUNIT 5238 NORTH BLDG .0200 INT COMMON LAND & ELE HILLSIDE T/H CONDO 2ND AMEND

Census Tract510803

Assessed Land Value$36,380

Assessed Improvement Value$155,096

Assessment Year2025

About this property

Location! Location! Location! This charming townhome is in the heart of Rice Military w/ the Buffalo Bayou, Memorial Park & Allen Parkway just minutes away. Enjoy all the amenities of inner loop living & come home to this updated home w/mid-century roots. Property features updated entry door, hardwood & tile flooring. This one bedroom townhome has an open concept floor plan & a kitchen w granite counters, tiled backsplash & sleek wood cabinets plus a cozy fireplace. The bathroom has also been updated with a seamless glass shower door & granite counter-tops. Convenient access to the complex pool & hot tub! Tenant will be responsible for any repairs or replacements of Dishwasher. **Townhome is Tenant Occupied Available for Move In on 12/1/2022

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$473/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,427

$191,476

2025

$36,380

$155,096

$191,476

Tax History

Year

Tax Paid

Assessed Value

2024

$4,427

$191,476

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$76,840

First

Jun 27, 2014

Aug 2029

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$22,356

$228,644

91%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

N/A

+$1,960/mo

9.4%

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