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$2,900,000

6017 Memorial Dr Unit 507, Houston, TX, 77007

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,426 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$846.47 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Dishwasher, Washer/Dryer
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage, Balcony

Building Information

Year Built2018

Land Information

APN1410040050007
Land UseResidential
Legal DescriptionUNIT 507 .0259 INT COMMON LAND & ELE SOPHIE AT BAYOU BEND CONDO
Census Tract510803
Assessed Land Value$388,790
Assessed Improvement Value$1,657,471
Assessment Year2025

About this property

The Sophie at Bayou Bend offers peerless service and park-like grounds at the nexus of Memorial Park and River Oaks. Customized by Taylor & Taylor Designs, upgrades include designer lighting, hardwood flooring, stone and tile finishes, mirrors, glass shelving, and motorized shades. A light-filled gathering room merges living, dining, bar, and kitchen. The kitchen features high-gloss European-style cabinetry, two islands with marble waterfall countertops and dining ledges, a cabinet-front SubZero refrigerator with freezer drawers, a SubZero wine tower, a Wolf range and oven, and Fisher Paykel dishwasher drawers. The secluded primary suite offers a fireplace, balcony access, and a custom-fitted closet with wardrobe closets, vanity cabinet, and packing island. The marble-clad bath includes a soaking tub, glass-entry shower, and water closet. Private elevator leads to three parking spaces. Generous balcony/patio with southern exposure overlooking River Oaks and Buffalo Bayou. Scenic views!

Investor Tools

$0Estimated Mortgage Balance
$2,366,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,400 /month
Positive
Cash Flow Estimate:
$5,800 /month

Interested in this property?

Misty Meredith

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,922/month
$1,217/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$35,230
$2,046,261
2025
$388,790
$1,657,471
$2,046,261
No

Tax History

Year
Tax Paid
Assessed Value
2024
$35,230
$2,046,261

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,242,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,217/mo
+$1,363/mo
1.3%

City: Houston

6017 Memorial Dr Unit 507 | Property Details | No Agent List