NOT LISTED FOR SALE

11505 Memorial Dr Houston, TX 77024

Piney Point Village Neighborhood

Estimated Value: $3,789,000 - $7,846,000

1.24 Acres
$5,168,428 Price per Acre
54,019 Sq Ft Lot

Last Sold May 26, 2021

Current estimated payment $47,166/month

79 Days on Market

Highlights

  • Partially Wooded Lot
  • Corner Lot
  • 2-minute walk to Carol Tree Pocket Park
  • Memorial Drive Elementary School Rated A

About This Lot

As of May 2021

Premier, cleared wooded homesite in the heart of Piney Point. Gorgeous 1.24 acre building site on the corner of Memorial Drive and Way Manor, ready for your dream home. Home can face either Memorial Drive or Way Manor. This tract can be combined with the adjacent 1.14 acre site to create an extraordinary 2.37 acre homesite. Piney Point Village is the most affluent city in Texas, on a per capita basis. It offers excellent public and private schools,
efficent city services, nearby shopping and restaurants, yet offers a rural ambience in the heart of the city.

Last Listed By

Michael Sims

Michael Sims Properties License #0549229 Listed on: 02/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,832

Year Built

  • 1953

Lot Details

  • 1.24 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Partially Wooded Lot

Schools

  • Memorial Drive Elementary School
  • Spring Branch Middle School
  • Memorial High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • John D Taylor Surv Abs 72 Subdivision

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Est. Annual Taxes

$31,832

Year Built

1953

Lot Details

0

Listing Details

  • Directions: I-10 West. South on Voss Road. Right on Memorial Drive. At the southeast corner of Memorial Drive and Way Manor
  • Prop. Type: Land
  • Lot Size Acres: 1.2401
  • Road Surface Type: Concrete
  • Subdivision Name: John D Taylor Surv Abs 72
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1953

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None
  • Lot Features: Cleared, Corner Lot

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: MEMORIAL DRIVE ELEMENTARY SCHOOL
  • Junior High Dist: 49 - Spring Branch
  • High School: MEMORIAL HIGH SCHOOL (SPRING BRANCH)
  • Middle Or Junior School: SPRING BRANCH MIDDLE SCHOOL (SPRING BRANCH)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 31832.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2016
Sold by
Anderson Derek
Bought by
Blazer Building Inc
Total Days on Market
79
Current Estimated Value
$6,409,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
3.42%

Purchase Details

Closed on
Aug 17, 2012
Sold by
Payne Jerry S
Bought by
Anderson Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blazer Building Inc -- Stewart Title
Anderson Derek -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kgbh Inc $8,311,000
Closed Kgbh Inc $2,296,000
Closed Blazer Building Inc $1,750,000
Previous Owner Anderson Derek $1,850,000
Previous Owner Payne Jerry S $1,400,000
Previous Owner Payne Jerry S $990,000
Previous Owner Payne Jerry S $883,800
Previous Owner Payne Jerry S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold -- -- --
04/26/2021 04/26/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $1,890,000 -- $267 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $137,531 $3,199,000 $3,199,000 $0
2022 $33,323 $1,598,300 $1,598,300 $0
2021 $32,582 $1,500,000 $1,500,000 $0
2020 $35,487 $1,598,340 $1,598,340 $0
2019 $31,832 $1,376,642 $1,376,642 $0
2018 $36,958 $1,598,340 $1,598,340 $0
2017 $19,936 $3,138,727 $3,138,727 $0
2016 $61,490 $2,658,686 $2,658,686 $0
2015 $46,917 $3,168,991 $2,658,686 $510,305
2014 $46,917 $2,471,008 $1,772,458 $698,550
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Sims

    Michael Sims Properties

    (281) 242-7900

    2 in this area

    5 Total Sales

    Michael Sims
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 7058378

Houston Association of REALTORS®

APN: 1391060010001

Texas Harris County Houston 77024 Piney Point Village

11505 Memorial Dr, Houston, TX

Homes for Sale in Houston, TX

This home is located at 11505 Memorial Dr, Houston, TX 77024 since 05 February 2021 and is currently estimated at $6,409,368, approximately $906 per square foot. This property was built in 1953. 11505 Memorial Dr is a home located in Harris County with nearby schools including Memorial Drive Elementary School, Spring Branch Middle School, and Memorial High School.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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