For Sale
12625 Memorial Drive Houston, TX 77024
$5,000,000
Description
Prime investment opportunity in Memorial! This rare portfolio includes 12 townhouse units at 12625 Memorial Drive, with 10 currently tenant-occupied, generating consistent rental income from day one. Situated in one of Houston’s most sought-after residential corridors, this asset offers both immediate cash flow and strong long-term appreciation potential. Located within the prestigious Frostwood Elementary, Memorial Middle, and Memorial High school zones, these units attract stable, high-quality tenants seeking top education and proximity to major employment hubs. Residents enjoy quick access to CityCentre, Memorial City Mall, and Terry Hershey Park, with I-10 and Beltway 8 just minutes away. Rarely does an opportunity of this scale and location become available—perfect for investors seeking a turnkey, high-demand property in a proven rental market.
Overview
Financial
Price:
$5,000,000
Price/SqFT:
$197.22
HOA Fee:
$5580 Annually
Tax Rate:
0 %
Est. Monthly:
$48,863 *
Tax Amount:
$0
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorFloors:Carpet,TileHeating:Central GasCooling:Central Electric
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ExteriorRoof:CompositionExterior Type:BrickParking:Auto Garage Door Opener
Listed By:
Mauricio Rojas Diaz
eXp Realty, LLC
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