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$1,789,700

NAL Estimated Property Value

9 Memorial Point Ln, Piney Point Village, TX, 77024

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,757 Sq Ft
price_per_sqft$419.38 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringTerrazzo, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.16 acres

Building Information

Year Built1974
Stories2
Garage Spaces3

Land Information

APN1023660000009
Lot Number9
SubdivisionMemorial Point
Land UseResidential
Legal DescriptionLT 9 MEMORIAL POINT
Census Tract430400
Assessed Land Value$720,520
Assessed Improvement Value$1,069,180
Assessment Year2025

About this property

Experience utmost privacy and luxury in this stunning Piney Point home. Situated on a 50,000+ sq. ft. lot, the property reveals outdoor entertaining spaces, sparkling pool and incredible Bayou views. This outstanding home, which underwent a major remodel in 2020, exemplifies refined modernism and chic designer style. High ceilings and gleaming floors invite you inside the striking entry. Open floor plan, gorgeous wet bar and spacious living/dining areas feature floor-to-ceiling windows and breathtaking views, making these sophisticated spaces an entertainer’s dream! Fully equipped kitchen with high-end appliances combined with chic counters, designer tile and custom cabinetry add function as well as beauty. First floor owners suite showcases a spa-like bath with his/her vanities, designer finishes and fixtures, lots of natural light and fully customized closet. Second floor features gameroom with gorgeous views, balconies and three additional bedrooms. Co-Listed with Duncan Watson.

Investor Tools

Property Icon
$1,789,700
Estimated Property Value
$1,549,737Estimated Mortgage Balance
$239,963Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,440/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,327
$1,789,700
2025
$720,520
$1,069,180
$1,789,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,327
$1,789,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$1,500,000
No
First
Feb 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,549,737
$264,263
14%
87%
$10,334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$10,684/mo
$-7,434/mo
2.2%

City: Piney Point Village

9 Memorial Point Ln | Property Details | No Agent List