12625 MEMORIAL DRIVE, HOUSTON, TX 77024
Homes for sale in Houston.
Homes for sale in 77024.
12625 Memorial Drive
Houston, TX 77024
List Price$5,000,000
Listing #34724496
About This Property
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.
Property Features
Location Information
County
Harris
Longitude
-95.554857
MLS Area
Memorial West
Subdivision
Somerset Place 03 R/P
Latitude
29.764323
Directions
Head northwest on Beltway 8 N toward Faust Lane. Turn right onto Boheme Drive. Turn right onto Memorial Drive. Turn right onto Somerset Place. Please check in with security.
Interior Features
Room Descriptions
10 X 11 Bedroom, 12 X 10 Primary Bedroom
Has Fireplace
Yes
1/2 Baths
1
Exterior Features
Style
Traditional
Garage Spaces
2
Stories
2
Has a Pool
No
Is New Construction
No
Lot Size in Acres
0
Construction
Brick
Lot Size in Sq. Ft.
26,098
Parking Description
Additional Parking, Attached, Controlled Entrance, Garage, Garage Door Opener
Is One Story
No
Has Garage
Yes
School
School District
Spring Branch
Middle School
MEMORIAL MIDDLE SCHOOL (SPRING BRANCH)
Elementary School
FROSTWOOD ELEMENTARY SCHOOL
High School
MEMORIAL HIGH SCHOOL (SPRING BRANCH)
Additional Information
Property Type
CND
Year Built
1978
Property SubType
Townhouse
Status
Active
Similar Listings
Mortgage Calculator
$23,349
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$18,017
Monthly Tax
$4,166
Monthly Insurance
$1,166
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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