$1,550,000 Last Listed Price
●
Land -
Off Market
11264 Memorial Drive
Houston, TX 77024
Studio
0 Bath
$1,707,644
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
A great opportunity to build your dream home on this 40,086 sq. ft
lot ideally located in one of the most prestigious areas in
Houston! It is a beautifully private and partially wooded, one of a
kind lot with rolling hills and towering trees surrounded by some
of Memorial's most exceptional estates! This property is located in
one of the best areas of Houston in a highly sought after community
with exemplary schools! Just minutes away from great restaurants
and shopping in City Center, Memorial Green, Memorial City Mall,
Town and Country, and so much more!
Unit Size
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Days on Market
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Land Size
0.92 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #92995149)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | Price Increased |
$10,000,000
↑ $100
(0%) | |
| Price Increased | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Feb 24, 2025 | Listed by Compass RE Texas, LLC - Houston | $9,999,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
   | |||
|
Discover the epitome of refined luxury in this sophisticated modern masterpiece by Levant Luxury Homes, located in the esteemed enclave of Piney Point. This exclusive residence discreetly positioned on a nearly one-acre gated estate offers unparalleled privacy and tranquility. Spanning over 12,000 square feet, the home boasts an expansive open floor plan that seamlessly integrates with its serene surroundings. Indulge in an array of exceptional amenities, including a Generac generator, elevator and a four-car garage. The property features a stunning pool, a climate-controlled wine room, and a rejuvenating sauna, ensuring a lifestyle of comfort and leisure. Culinary enthusiasts will appreciate the chef's kitchen complemented by an additional scullery kitchen. The two boutique-style primary closets add a touch of elegance to the master suite.
| |||
| Feb 22, 2025 | No longer available | - | |
| No longer available | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Westside
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Listed by: Vivian Nguyen, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 92995149
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Last Updated: 4 months ago
Data Source: HAR , MLS# 92995149
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