50
Map
$999,999
●
House -
In Contract
519 Memorial Heights Drive
Houston, TX 77007
3 Beds
3 Baths,
1
Half Bath
2,702 Ft²
$5,277
Est. Monthly
3.46%
Cap Rate
About This Property
LAST ONE! This is HTX Living at its finest! You won't find a better
quality home inside the Loop. Lamar Builders has crafted these
luxurious, inner-city homes immaculately with their custom designs,
finishes and superior location just minutes from Downtown. Their
homes feature $20K in high-end appliances, engineered white oak
wood floors, turfed outdoor areas, rooftop decks w/ stunning views
of HTX and each are elevator capable. Enjoy a harmonious blend of
style and functionality, set against the backdrop of urban
convenience. Elevate your lifestyle with a Memorial Heights home,
where every detail reflects a commitment to luxury and refinement.
Inquire for more information on the builder and customizations!
Unit Size
2,702 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$370
Property Type
House
Property Taxes
$366
HOA Dues
-
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: 11 months ago (HAR #47853398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Compass RE Texas, LLC - The Heights | $999,999 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
| Feb 23, 2022 | Listed by Keller Williams Metropolitan | $829,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
Own an iconic, rare jewel in the heart of Houston-steps from Allen Parkway!! Front loading Luxury patio homes in Memorial Heights. Minutes to Downtown, Montrose, The Heights, The Med Center, and Uptown/Galleria. Smart and spacious floor plans. Amazing views and custom details throughout the house. Overlook and enjoy the stunning views of Downtown Houston from your own Roof Terrace. Come and tour Memorial Heights Villas today!!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 16, 2021 | Listed by Keller Williams - Houston Metropolitan | $719,900 | |
| Listed by Keller Williams - Houston Metropolitan | |||
| | |||
|
Own an iconic, rare jewel in the Heart of Houston - steps from Allen Parkway!! Detached, Front loading luxury patio homes in Memorial Heights. Minutes to Downtown, Montrose, The Heights, Med center and Uptown/Galleria. Smartand spacious Floor plans, Amazing views and Custom Details throughout the house. Overlook and enjoy the stunning views of Downtown Houston from your own Roof Terrace. The manager has listed the unit size as 2702 square feet.
| |||
Property Highlights
Garage
Elevator
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Elevator, High Ceilings, Beamed Ceilings, Balcony, Elevator Shaft, 1 Bedroom Down - Not Primary BR, En-Suite Bath, Primary Bed - 3rd Floor, Walk-In Closet(s)
Appliances: Water Heater, Disposal, Gas Oven, Microwave, Free-Standing Range, Dishwasher, Refrigerator Included
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 2702
Property Condition: Under Construction
Architectural Style: Contemporary/Modern
Year Built Source: Builder
Year Built: 2025
Builder Name: Lamar Builders
Building Area Total: 2702
Window Features: Insulated/Low-E windows
Construction Materials: Batts Insulation, Cement Siding, Insulation - Blown Cellulose, Insulation - Blown Fiberglass
Patio and Porch Features: Deck
Lot Features: Cleared, Other, 0 Up To 1/4 Acre
Lot Size Area: 0.0335
Lot Size Units: Acres
Lot Size Acres: 0.0335
Lot Size Square Feet: 1459.26
Water Source: Public
Financial Details
Tax Annual Amount: $4,396
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Gas
Heating Type: Electric, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Central Houston
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Listed by: Jessica McCreary, Compass RE Texas, LLC - The Heights
Last Updated: 11 months ago
Data Source: HAR , MLS# 47853398
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Last Updated: 11 months ago
Data Source: HAR , MLS# 47853398
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