Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$318,000

NAL Estimated Property Value

7505 Memorial Woods Dr Apt 55, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,863 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$171.77 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1142910090001
SubdivisionMemorial Oaks
Land UseResidential
Legal DescriptionTH 55 BLDG I .02609 INT COMMON LAND & ELE MEMORIAL OAKS T/H CONDO
Census Tract430101
Assessed Land Value$60,362
Assessed Improvement Value$254,138
Assessment Year2025

About this property

LOCATION! Welcome to exclusive Memorial/North Post Oak area! Updated 3 bed/2.5 bath. End unit! 1st floor double French doors offer light and wooded deck adds to living area. Kitchen includes updated cabinets, granite, and undermount sink. Very generous pantry! Wide-Slat shutters on front windows. Baths include updated vanities. Where else can you find your very own over-sized, detached garage? Across from Houston's First Baptist Church/School; Spring Branch ISD incl Hunters Creek Elem & Memorial HS, 3 blks from AWTY Intl School. HOA maintains exterior, grounds, roof, and foundation. According to seller, NEVER FLOODED! Call today to tour!

Investor Tools

Property Icon
$318,000
Estimated Property Value
$267,077Estimated Mortgage Balance
$50,923Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$337/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,867
$314,500
2025
$60,362
$254,138
$314,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,867
$314,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$289,750
No
First
Mar 3, 2022
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,077
$50,923
16%
84%
$1,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,075/mo
+$445/mo
9.5%

City: Houston

7505 Memorial Woods Dr Apt 55 | Property Details | No Agent List