2Days on Market

1view

$6,000

713 Memorial Heights Dr, Houston, TX, 77007

On Market

Just Added

3 Beds

4 Bath

3,026 Sq Ft

Single Family Residence

$1.98 / sqft

Built in 2022

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher

Exterior

Lot Size1,464 sqft

Building Information

Year Built2022

Garage Spaces1

Land Information

APN1400450010030

Lot Number30

Land UseResidential

Legal DescriptionLT 30 BLK 1 MEMORIAL HEIGHTS VILLAS

Census Tract510201

Assessed Land Value$206,894

Assessed Improvement Value$720,106

Assessment Year2025

About this property

Newly built, this luxurious, inner-city home is loaded w/custom design finishes, beautiful views, an ideal layout & a superior location just minutes from Downtown. This home features high-end appliances in a gourmet island-kitchen, sleek cabinetry, sophisticated window coverings, engineered white oak wood floors, spacious guest suites, a turfed rooftop deck w/stunning views of HTX and high ceilings. The 4th story flex space is complete with it's own bath & closet, which could be a 4th guest suite. Elevate your lifestyle in Memorial Heights - schedule your showing today, but please give advanced notice, as this home is still currently tenant occupied.

Investor Tools

$0Estimated Mortgage Balance

$927,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,562 /month

Positive

Cash Flow Estimate:

$1,854 /month

Interested in this property?

Jessica McCreary

Compass RE Texas, LLC - The Heights

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,483/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,156

$927,000

2025

$206,894

$720,106

$927,000

Tax History

Year

Tax Paid

Assessed Value

2024

$13,156

$927,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$927,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

4.3%

Learn About the Market: Opportunity in Houston

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