TX > Houston > Somerset Place 03 R-P
Houston, TX 77024,12625 Memorial DR
Houston, TX 77024,12625 Memorial DR
Houston, TX 77024,12625 Memorial DR
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$5,000,000
Est. payment /mo
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2 Beds
3 Baths
25,353 SqFt
New

12625 Memorial DR Houston, TX 77024

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Banke Funsho

Banke Funsho

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Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 25,353 sqft

Price per Sqft $197

Subdivision Somerset Place 03 R/P

MLS Listing ID 34724496

Style Traditional

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Fees $465/ann

HOA Y/N No

Year Built 1978

Annual Tax Amount $8,296

Tax Year 2025

Property Sub-Type Townhouse

Property 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 Rummel Creek Elementary, Memorial Middle, and Stratford 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.

Location

State TX

County Harris

Community Community Pool

Area Memorial West

Interior

Heating Central, Gas

Cooling Central Air, Electric

Flooring Carpet, Tile

Fireplaces Number 1

Fireplace Yes

Exterior

Parking Features Additional Parking, Attached, Controlled Entrance, Garage, Garage Door Opener

Garage Spaces 2.0

Community Features Community Pool

Amenities Available Gated

Water Access Desc Public

Roof Type Composition

Private Pool No

Building

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

New Construction No

Schools

Elementary Schools Frostwood Elementary School

Middle Schools Memorial Middle School (Spring Branch)

High Schools Memorial High School (Spring Branch)

School District 49 - Spring Branch

Others

HOA Name Somerset Place Association

HOA Fee Include Common Areas,Recreation Facilities,Trash

Tax ID 106-578-014-0096

Security Features Gated with Attendant

Virtual Tour https://drive.google.com/drive/folders/1Ku9KnPuChuYplnkOgriC9qs7GDDTYL_m?usp=sharing

Houston Realtors Information Service / HAR MLS
Listed by eXp Realty, LLC Mauricio Rojas Diaz

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Banke Funsho

Banke Funsho

Agent | License ID: 741342

+1(713) 496-2286

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