62Days on Market

1view

$324,000

$496,800

9333 Memorial Dr Apt 412, Houston, TX, 77024

$421,200 ARV

On Market

Price Drop

3 Beds

2 Bath

2,115 Sq Ft

$153.19 / sqft

Built in 1981

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Heating Central

Cooling

Building Information

Year Built1981

Stories1

Land Information

APN1148980040011

SubdivisionThe Memorial Condo

Land UseResidential

Legal DescriptionUNIT 412 FLOOR 4 .01610 INT COMMON LAND & ELE THE MEMORIAL CONDO

Census Tract430102

Assessed Land Value$81,953

Assessed Improvement Value$349,376

Assessment Year2025

About this property

Stunning 4th-floor retreat at The Memorial Condominiums! This bright 3 bed, 2 bath gem offers 2,115 sq ft of elegant living with tree-top views, abundant natural light, and private balconies overlooking Houston’s lush Memorial neighborhood. Gleaming finishes, spacious rooms, and a flowing layout create the perfect blend of comfort and sophistication. Enjoy resort-style amenities: 24/7 concierge & security, heated pool, courtyard, party room, controlled-access garage parking, extra storage, and daily trash service. Prime location steps from Memorial Park trails, CityCentre dining & shopping, and easy access to I-10, 610 & downtown. Luxury lock-and-leave living at its finest!

Investor Tools

$457,982Estimated Mortgage Balance

$81,133Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$421,200

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,210 /month

Positive

Cash Flow Estimate:

$1,070 /month

Interested in this property?

Daniel Pacut

Bang Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$239/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$198

$431,329

2025

$81,953

$349,376

$431,329

Tax History

Year

Tax Paid

Assessed Value

2024

$198

$431,329

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Reverse Mortgage / Hecm

$750,000

First

Apr 23, 2010

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$457,982

$77,018

14%

86%

$4,497/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$4,497/mo

$-2,587/mo

4.3%

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