28Days on Market

1view

$970,000

823 Saint George Ln, Houston, TX, 77079

On Market

3 Beds

2 Bath

2,047 Sq Ft

Single Family Residence

$473.86 / sqft

Built in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher

Exterior

Exterior FeaturesBack Green Space, Side Yard

Lot Size16,688 sqft

Building Information

Year Built1960

Stories1

Garage Spaces2

Land Information

APN0930690000007

Lot Number7

SubdivisionMemorial Valley

Land UseResidential

Legal DescriptionLT 7 BLK 3 MEMORIAL VALLEY SEC 1

Census Tract450200

Assessed Land Value$654,275

Assessed Improvement Value$89,918

Assessment Year2025

About this property

Calling all builders! Rare opportunity to own one of the largest and most desirable lots in Memorial Valley. Situated on a sprawling 16,691-square-foot corner lot with no through traffic, this exceptional property offers the perfect setting to build your dream home. Existing home is being sold AS-IS, presenting endless possibilities for builders, investors, or those seeking a premier homesite. No HOA! HOME NEVER FLOODED! *per seller Located in the heart of Memorial, this quiet, tree-lined neighborhood is known for its established charm, strong sense of community, and outstanding schools. Zoned to highly acclaimed Rummel Creek Elementary, Memorial Middle, and Stratford High. Highly rated Westchester Charter Academy is nearby. Enjoy an unbeatable location just minutes from Town & Country Village, CityCentre, Energy Corridor, premier dining, shopping, and convenient access to I-10 and Sam Houston Pkwy. Memorial City mall and Memorial Hermann Hospital & Medical Complex only 2 minutes away!

Investor Tools

$0Estimated Mortgage Balance

$994,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,964 /month

Positive

Cash Flow Estimate:

$1,988 /month

Interested in this property?

Ashley Heacock

Compass RE Texas, LLC - Houston

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$688/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,281

$744,193

2025

$654,275

$89,918

$744,193

Tax History

Year

Tax Paid

Assessed Value

2024

$3,281

$744,193

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$994,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,110/mo

N/A

+$2,110/mo

2.5%

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