$717,950
●
House -
For Sale
324 Forest Reserve Place
Houston, TX 77079
3 Beds
2 Baths,
1
Half Bath
1,816 Ft²
$4,858
Est. Monthly
$217
HOA / Fees
About This Property
Empire Homes new construction. Welcome to the Houston Plan, a
stunning two-story residence in The Reserve in Memorial, a private
6-acre gated community with direct access to Terry Hershey Park.
This thoughtfully designed home offers 3 bedrooms, 2.5 baths, and
an upstairs flex room ideal for a home office, media space, or
playroom. The private primary suite features a spacious bath with
an oversized walk-in shower with bench seating and a generous
walk-in closet. The open-concept main level includes a stylish
kitchen with quartz countertops, Frigidaire stainless steel
appliances, a 4-burner gas cooktop with center griddle, and a
stainless vent hood. A tucked-away wine grotto provides the perfect
spot for entertaining or a cozy night in. Enjoy a low-maintenance
lifestyle with private community access to Terry Hershey Park and
miles of hike-and-bike trails. Zoned to highly acclaimed Spring
Branch ISD. An exceptional opportunity to own a new construction
home in the coveted Memorial area.
Unit Size
1,816 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$395
Property Type
House
Property Taxes
$1,115
HOA Dues
$217
Year Built
-
Listed By
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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: 25 days ago (HAR #30439910)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Listed by Compass RE Texas, LLC - Houston | $717,950 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Jun 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 3, 2026 | Listed by Nan and Company Properties | $717,950 | |
| Listed by Nan and Company Properties | |||
   | |||
|
Empire Homes New Construction. Stunning two story home located on terry Hershey Park. Welcome to the Houston Plan, located in the prestigious Reserve In Memorial, a unique 6-acre gated community in the coveted Memorial area. This two-story home offers a blend of urban chic and yet cozy feel offering 3 bedrooms and two and a half baths. This spacious well thought plan features the bedrooms located upstairs and two and a half baths. This spacious well thought plan features the bedrooms tucked awat privately offering a roomy bath suite with a walk-in shower with bench seating. The kitchen boast Frigidaire Appliances with a Gas 4 Burner Cooktop complete with a Griddle in the Middle with a Stainless Vent Hood. With the perfect use of space in mind the Houston features a wine grotto tucked away and perfect for Girls Night In. You will enjoy private access to Terry Hershey Park and lots of walking trails. Zoned to the highly acclaimes Spring Branch ISD
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, Prewired for Alarm System, All Bedrooms Up, Primary Bed - 2nd Floor, Walk-In Closet(s)
Appliances: ENERGY STAR Qualified Appliances, Disposal, Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Carpet, Tile, Vinyl Plank
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1816
Property Condition: New Construction
Architectural Style: Traditional
Year Built: 2024
Builder Name: Empire Homes
Building Area Total: 1816
Construction Materials: Cement Siding, Stucco
Patio and Porch Features: Covered
Lot Features: Patio Lot, 0 Up To 1/4 Acre
Lot Size Area: 0.0666
Lot Size Units: Acres
Lot Size Acres: 0.0666
Lot Size Square Feet: 2901.096
Water Source: Public
Financial Details
Tax Annual Amount: $13,383
Utilities Details
Cooling Type: Attic Fan, Ceiling Fan(s), Electric, Zoned
Heating Type: Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Controlled Access
HOA Fee: $2,600
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westside
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Listed by: Alison Sewell, Compass RE Texas, LLC - Houston
Last Updated: 25 days ago
Data Source: HAR , MLS# 30439910
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Last Updated: 25 days ago
Data Source: HAR , MLS# 30439910
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