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$588,736

NAL Estimated Property Value

706 Memorial Mews St # 4, Houston, TX, 77079

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths3,932 Sq Ft
price_per_sqft$125.86 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size6,582 sqft

Building Information

Year Built1980

Land Information

APN1147280020028
Lot Number28
SubdivisionMeadows On Memorial
Land UseCommercial
Legal DescriptionLT 28 BLK 2 MEADOWS ON MEMORIAL
Census Tract450600
Assessed Land Value$164,500
Assessed Improvement Value$424,236
Assessment Year2025

About this property

Fourplex located in the heart of the Energy Corridor!! Great Katy school district. Amazing location with walking trail and park across the street!!! Rare to get such a nice fourplex in such a nice area at this price!!!

Investor Tools

Property Icon
$588,736
Estimated Property Value
$506,514Estimated Mortgage Balance
$82,222Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,532 /month
Positive
Cash Flow Estimate:
$1,177 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,495/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,992
$588,736
2025
$164,500
$424,236
$588,736
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,992
$588,736

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$536,000
No
First
May 23, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$506,514
$82,222
13%
86%
$3,214/mo

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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706 Memorial Mews St # 4 | Property Details | No Agent List