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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.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 10/30/2025 |
|---|---|---|---|
| TRACT | Somerset Place 03 R/P | YEAR BUILT | 1978 |
| COMMUNITY | 23 | GARAGE SPACES | 2.0 |
| COUNTY | Harris | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Frostwood Elementary School |
|---|---|
| Jr. High School | Memorial Middle School (Spring Branch) |
| High School | Memorial High School (Spring Branch) |
| ADDITIONAL DETAILS | |
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Maintenance Grounds |
| AREA | 23 |
| CONSTRUCTION | Brick |
| EXTERIOR | Courtyard |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Natural Gas |
| HOA DUES | 5580|Annually |
| LOT | 0.5991 acre(s) |
| PARKING | Attached, Additional Parking, Garage Door Opener |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | Somerset Place 03 R/P |
| TAXES | 8296 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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