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$1,990,367

6017 Memorial Drive 501, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,914 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$772.13 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesStorage, Outdoor Kitchen, Dog Run, Balcony

Building Information

Year Built2018

Land Information

APN1410040050001
Land UseResidential
Legal DescriptionUNIT 501 .0228 INT COMMON LAND & ELE SOPHIE AT BAYOU BEND CONDO
Census Tract510803
Assessed Land Value$378,170
Assessed Improvement Value$1,612,197
Assessment Year2025

About this property

If you just adore a penthouse view, darling, Sophie #501 is for you! Far from the rush is an unfussily elegant apartment with clean lines + countless upgrades. Entry has Art Lighting, wide plank wood floors. Open floor plan unfolds ahead of you. Kitchen has waterfall island, + best of the best appliances. Dining Room floats through the Great Room with transparent fireplace shared with Terrace, with Summer Kitchen, pet pad, + spectacular garden, pool + skyline views. Guest Suite with walk-in closet + gorgeous bath + Study, w/Murphy bed. Private Master Suite. The Bath: Custom cabinetry, dual sinks, long vanity, soaking tub, + oversized shower in shades of white + gray. Curated Master Closet has room for many wardrobes. From the Sleeping Chamber see gorgeous skyline views. Additional luxuries: 2 car, private garage, Savant system, art lighting, + limitless ambience. Midway between Buffalo Bayou + Memorial Parks, walking distance to fine dining, Sophie # 501, a sky high slice of Heaven.

Investor Tools

Property Icon
$1,990,367
Estimated Property Value
$0Estimated Mortgage Balance
$1,990,367Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,500 /month
Positive
Cash Flow Estimate:
$4,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,419/month
$1,804/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,074
$1,990,367
2025
$378,170
$1,612,197
$1,990,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,074
$1,990,367

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,990,367
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,804/mo
+$156/mo
1.2%

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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6017 Memorial Drive 501 | Property Details | No Agent List