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$407,000

NAL Estimated Property Value

967 Memorial Village Drive, Houston, TX, 77024

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,190 Sq Ft
price_per_sqft$233.61 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh 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, Gas Range, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1978
Stories2
Garage Spaces1

Land Information

APN1103500050003
SubdivisionMemorial Village T/H
Land UseResidential
Legal DescriptionTH 91 BLDG 9 MEMORIAL VILLAGE T/H SEC 2 R/P
Census Tract430700
Assessed Land Value$125,000
Assessed Improvement Value$184,506
Assessment Year2025

About this property

Rare opportunity in Memorial Village! 2 beds 2 bath townhouse is tucked away in a beautiful, gated community, just blocks from Town & Country Shopping Center, walking distance to Memorial City Mall and all the restaurants and entertainment Memorial City has to offer. Townhouse has laminate flooring throughout and high Ceiling! Updated kitchen w Granite countertop! Beautiful deck off the master bedroom! This family-friendly neighborhood is gated with a sparkling pool and clubhouse. Zoned to Memorial High School! Welcome home!

Investor Tools

Property Icon
$407,000
Estimated Property Value
$104,235Estimated Mortgage Balance
$302,765Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
$431/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,247
$309,506
2025
$125,000
$184,506
$309,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,247
$309,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Era Mortgage Services Inc
N/A
$138,500
N/A
First
Jan 14, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,235
$302,765
74%
26%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$431/mo
+$1,479/mo
5.6%

City: Houston

967 Memorial Village Drive | Property Details | No Agent List