12625 Memorial Drive, Houston, Texas 77024

$5,000,000

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Keller Williams Memorial

Request More Information

*Required

About 12625 Memorial Drive

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.

Highlights

12625 Memorial Drive

$5,000,000

Multi-Family

25,353 Home Sq Ft

Houston 77024

4 Beds

2 Full Baths

26,098 Lot Sq Ft

General Description

Listing Price $5,000,000
City Houston
Zip Code 77024
Subdivision Somerset Place 03 R/P
Listing Status Active
Baths 2 Full Bath(s)
Stories 2
Year Built 1978 / Appraisal District
Lot Size 26,098 / Other
MLS # 61105462 (HAR)
Days on Market 49 days
Total Days on Market 49 days
List Price / Sq Ft $197.22
Address 12625 Memorial Drive
State Texas
County Harris
Property Type Multi-Family
Bedrooms 4
Garage 0
Building Sq Ft 25,353
Market Area Memorial West Area
Area 23

Taxes & Fees

Tax ID

106-578-014-0101

Tax Rate

2.2043%

Taxes w/o Exemption/Yr

$8,296 / 2025

Maint Fee

Yes / $5,580 Annually

Maintenance Includes

Common Grounds, Garbage Service, Limited Access Gates, Recreational Facilities

Click here to read more about taxes & exemptions

Interior Features

Fireplace

No

Floors

Carpet, Tile

Heating

Natural Gas

Cooling

Electric

Dishwasher

No

Range

No

Disposal

No

Microwave

No

Loft

No

Exterior Features

Roof

Composition

Exterior Type

Brick

Private Pool

No

Area Pool

Maybe

New Construction

No

Listing Firm

eXp Realty, LLC

Schools

Name Grade Great School Ranking
Frostwood Elem Elementary 10 of 10
Memorial Middle Middle 9 of 10
Memorial High High 8 of 10
Read more about Houston's Top Schools

School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.

Similar Properties Nearby

© 2002-2025 Houston Properties LLC. All rights reserved.

Paige Martin, Broker Associate, Keller Williams Memorial 1220 Augusta Dr, 300, Houston, TX 77057

All information is subject to change and should be independently verified.

Paige Martin's Rewards

Disclaimer

Statistics and data is from the most recent available period, as of the time of this writing. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with respect to suitability, usability, feasibility, merchantability or condition of any property described herein. There is no official relationship between this website, the owner, or lessee/real estate agent and any properties described on this website (including, but not limited to owners, management companies, HOAs or associations) or visa versa. Data is presented for informational purposes only and does not represent a listing of a building, property or entity. All dimensions are approximate