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$1,723,450

NAL Estimated Property Value

6017 Memorial Dr Unit 505, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,419 Sq Ft
price_per_sqft$721.37 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesStorage, Outdoor Kitchen, Dog Run, Balcony

Building Information

Year Built2018

Land Information

APN1410040050005
Land UseResidential
Legal DescriptionUNIT 505 .0194 INT COMMON LAND & ELE SOPHIE AT BAYOU BEND CONDO
Census Tract510803
Assessed Land Value$327,456
Assessed Improvement Value$1,395,994
Assessment Year2025

About this property

Classic New York by the Park is what Inspires The Sophie with a new level of Sophistication and Convenience in 39 Exclusive Residences. Spacious homes with Expansive Terraces complete with Summer Kitchens and Fireplaces. The Grace floorplan is a wonderful home with beautiful tree lined views and the feeling of tranquility in the city. The floorplan allows for the Primary bedroom to have privacy as well as direct access to the large outdoor terrace. The Master Bath includes dual vanities and a coffee bar. Included with this home are 2 assigned Parking Spaces and a Climate Controlled Storage unit. 24-Hour Front desk, Fitness Center, Resistance Pool and Pet Park. Classic Exterior Design Complements its Refined & Polished Interior Finishes, the Essence of Style is in the details at The Sophie. It adds approximately 100 acres of green space within walking distance to The Sophie at Bayou Bend.

Investor Tools

Property Icon
$1,723,450
Estimated Property Value
$0Estimated Mortgage Balance
$308,816Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,470 /month
Positive
Cash Flow Estimate:
$3,490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,068/month
$920/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$40,197
$1,723,450
2025
$327,456
$1,395,994
$1,723,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$40,197
$1,723,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,777,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$920/mo
+$1,040/mo
1.4%

City: Houston

6017 Memorial Dr Unit 505 | Property Details | No Agent List