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$399,000

NAL Estimated Property Value

961 Memorial Village Drive 97, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,285 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$245.14 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee 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, Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringTile, Wood

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1103500050009
SubdivisionMemorial Village T/H
Land UseResidential
Legal DescriptionTH 97 BLDG 9 MEMORIAL VILLAGE T/H SEC 2 R/P
Census Tract430700
Assessed Land Value$125,000
Assessed Improvement Value$206,741
Assessment Year2025

About this property

This charming 2 bed/2 bath one story townhome is located in the desirable gated community, Memorial Village. The corner unit has many upgrades, which include fresh paint, wood tile flooring, an electric range, power added to primary bedroom, ceiling fans, lighting, replaced AC handler, dishwasher, electric range and microwave. There is a two car attached garage, This amazing location is near Memorial City and has easy access to I-10, restaurants and shopping. It is zoned to Bunker Hill Elementary School, Memorial Middle School and Memorial High School. This is a must see!

Investor Tools

Property Icon
$399,000
Estimated Property Value
$0Estimated Mortgage Balance
$399,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
$382/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,502
$331,741
2025
$125,000
$206,741
$331,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,502
$331,741

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$399,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$382/mo
+$1,528/mo
5.7%

City: Houston

961 Memorial Village Drive 97 | Property Details | No Agent List