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$483,000

NAL Estimated Property Value

922 Memorial Village Dr, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,508 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.66 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Building Information

Year Built1978
Stories2
Garage Spaces1

Land Information

APN1103470010014
SubdivisionMemorial Village T/H
Land UseResidential
Legal DescriptionTH 28 BLDG 2 MEMORIAL VILLAGE T/H SEC 1 R/P
Census Tract430700
Assessed Land Value$125,000
Assessed Improvement Value$214,926
Assessment Year2025

About this property

Stunning corner townhome located in a gated community that has been renovated in 2021. With no carpet, this townhome is perfect for anyone seeking low-maintenance and comfortable living. The upgraded kitchen features SS appliances, granite countertops, and ample cabinet space, making it perfect for those who love to cook.The laminate floors throughout the main living areas add elegance and charm to the home, while the washer, dryer, and refrigerator are included for added convenience. This townhome is designed as a perfect roommate plan, with both primary bedrooms located on the upper level, each with a private bathroom. The main level includes a half bathroom and an open concept living and dining area that's perfect for hosting guests. Has easy parking with a 2-car garage and additional guest parking nearby. Enjoy the community pool just a short walk away. Located minutes away from Memorial City Mall and I-10, this townhome provides easy access to shopping, dining, and entertainment.

Investor Tools

Property Icon
$483,000
Estimated Property Value
$213,104Estimated Mortgage Balance
$269,896Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,898 /month
Positive
Cash Flow Estimate:
$966 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,552
$339,926
2025
$125,000
$214,926
$339,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,552
$339,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Conventional
$279,000
No
First
Jun 22, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,104
$195,896
47%
44%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
N/A
+$1,910/mo
4.7%

City: Houston

922 Memorial Village Dr | Property Details | No Agent List