When was property at 12723 Memorial Drive built and last sold?

The property at 12723 Memorial Drive was built in 1961 and last sold on Sep 15, 2023 for $744,534.

How much is this home worth?

The estimated value of the home located at 12723 Memorial Drive is $802,950.

What are some comparable homes to 12723 Memorial Drive?

There are currently no comparable homes to 12723 Memorial Drive.

Houston

77024

Memorial

12723 Memorial Drive

Sold on Apr 25, 2025

Map

$795,000 Last Listed Price

● Land - Off Market

12723 Memorial Drive

Houston, TX 77024

Studio

0 Bath

$4,753

Est. Monthly

$36

HOA / Fees

About This Property

Nestled in a prestigious neighborhood surrounded by million-dollar homes, this expansive, tree-lined lot offers the perfect setting for your dream residence. Zoned to top-rated schools-Memorial High, Memorial Middle, and Rummel Creek Elementary-this prime location combines exclusivity with convenience. Just minutes from fine dining, upscale shopping, and the vibrant Town & Country City Center, this is a rare opportunity to build in one of the most sought-after areas on Memorial Drive.

Unit Size

Days on Market

Land Size

0.28 acres

Price per sqft

Property Type

Land

Property Taxes

$813

HOA Dues

$36

Year Built

1961

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Cap Rate Calculator

Last updated: 5 months ago (HAR #52439338)

Price History

Date / Event	Date	Event
Apr 25, 2025	Sold	Premium
Sold
Apr 7, 2025	In contract	-
In contract
Mar 5, 2025	Listed by Better Homes and Gardens Real Estate Gary Greene - Memorial	$795,000
Listed by Better Homes and Gardens Real Estate Gary Greene - Memorial
Oct 6, 2021	No longer available	-
No longer available
May 29, 2021	Price Decreased	$525,000 ↓ $25K (4.6%)
Price Decreased
May 9, 2021	Price Decreased	$550,000 ↓ $25K (4.4%)
Price Decreased
Jan 17, 2021	In contract	-
In contract
Aug 24, 2020	Listed by Keller Williams - Houston Memorial	$575,000
Listed by Keller Williams - Houston Memorial

	Great size lot for custom home and pool! 12,300 sq ft with an 80' frontage on to Memorial Dr. If a pool isnt your thing nice mature trees on back half of lot!

Property Highlights

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 1961
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 1
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 12,300

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 3

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: V
Subdivision: MEMORIAL BEND SEC 1
Land Acres: 0000000282
Standard Land Use Code: 8000
County Land Use Code: 1000
State Land Use Code: C1
Legal Description 1: LT 11 BLK 3 MEMORIAL BEND SEC 1

Neighborhood

School District Name: Spring Branch Independent School District

School Tax School District: SPRING BRANCH
Census Tract: 430900

Geography

Assessors Map Reference: 4957A

Account Number: 0843210000011
District: 061
Parcel: 084-321-000-0011
Block: 3
Lot: 11
Municipality: CITY OF HOUSTON
Latitude: 29.7693
Longitude: -95.5583

Address

Full Address: 12723 Memorial Dr

Address - House Number: 12723
Address - Street Name: Memorial
Address - Suffix Type: Dr
State: TX
City Name: Houston
Carrier Code: C061
4-Digit Zip Code: 4803
Zip Code: 77024

Valuation

Tax

Tax Year: 2022

Tax Amount: $998,146
Tax Rate Code Area: 061

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $426,938

Market Land Value: $426,938

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $426,938
Assessed Land Value: $426,938

Sales

Current Sale Contract Date: Sep 15, 2023

Current Sale Recording Date: Sep 18, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 357574
Previous Sale Recording Date: Nov 09, 2021
Previous Sale Contract Date: Nov 04, 2021
Previous Sale Amount: $77,566
Previous Sale Document Type: 69

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Westside

Stats & Trends

Median Asking:

$328,950

Sale Price/ft²

$176

Above Asking

0.18%

Average Days on Market

Average Home Size

2045 ft²

Average Home Age

42.3 years

Currently For Sale

2061 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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4 Baths
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Unit for rent at 9777 Larston Street, Houston, TX, 77055

$3,600 /mo

4 Beds
3 Baths
2,569 ft²

9777 Larston Street, Houston, TX, 77055 Listing by Bernice Blum

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Douglas Griffith, Better Homes and Gardens Real Estate Gary Greene - Memorial
Last Updated: 5 months ago
Data Source: HAR , MLS# 52439338

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