Linda Bridges at Texas Pro Real Estate
Houston Condo ManiaMLS: 34724496 $5,000,000
2 Bedrooms with 3 Baths12625 MEMORIAL DRIVE
HOUSTON TX 77024MLS: 34724496
Status: ACTIVE
List Price: $5,000,000
Price per SQFT: $197
Square Footage: 253532 Bedrooms
3 Baths
Year Built: 1978
Zip Code: 77024
Listing Remarks
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.
Address: 12625 MEMORIAL DRIVE HOUSTON TX 77024
Listing Courtesy of EXP REALTY, LLC
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Condo Mania Agent
Linda Bridges
Texas Pro Real Estate
Broker - TREC #0249245
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Listing Details
STATUS: Active LISTING CONTRACT DATE: 2025-10-30 BEDROOMS: 2 BATHROOMS FULL: 2 BATHROOMS HALF: 1 LIVING AREA SQ FT: 25353 BUILDING AREA TOTAL: 25353 YEAR BUILT: 1978 TAXES: $8,296 HOA FEES FREQUENCY: Annually HOA FEES: $5,580 ARCHITECTURAL STYLE: Traditional CONSTRUCTION: Brick EXTERIOR FEATURES: Courtyard FLOORING: Carpet, Tile HEATING: Natural Gas COOLING: Electric LEGAL DESCRIPTION: LT 96 BLK H SOMERSET PLACE 2ND R/P # GARAGE SPACES: 2 PARKING FEATURES: Attached, Additional Parking, Auto Garage Door Opener, Controlled Entrance PROPERTY TYPE: Residential PROPERTY SUB TYPE: Townhouse/Condo, Townhouse ROOF: Composition STORIES TOTAL: 2 LISTING AGENT: MAURICIO ROJAS DIAZ LISTING OFFICE: EXP REALTY, LLC
Estimated Monthly Payments
List Price: $5,000,000 20% Down Payment: $1,000,000 Loan Amount: $4,000,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $25,283 Estimate does not include taxes, fees, insurance.
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Property Location: 12625 MEMORIAL DRIVE HOUSTON TX 77024
This Listing
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Condo Mania Agent
Linda Bridges
Texas Pro Real Estate
Broker - TREC #0249245
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Last Updated: 2025-12-04 05:16:02