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 Rummel Creek Elementary, Memorial Middle, and Stratford 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.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms Possible: 4
- Primary Bedroom Dimensions: 12' x 10'
- Bedroom 1 Dimensions: 10' x 11'
- Primary Bedroom Level: First
- Bedroom 1 Level: Second
Other Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Gas
- Heating: Yes
- Number of Fireplaces: 1
Interior Features
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 2
- Parking Features: AdditionalParking, Attached, ControlledEntrance, Garage, GarageDoorOpener
Land Info
- Lot Size Acres: 0.6
- Lot Size Square Feet: 26098
Homeowners Association
- Association: Yes
- Association Amenities: Gated
- Association Fee: 5580
- Association Fee Frequency: Annually
- Association Fee Includes: CommonAreas, RecreationFacilities, Trash
- Calculated Total Monthly Association Fees: 465
- Association Name: Somerset Place Association
School Information
- Elementary School: FROSTWOOD ELEMENTARY SCHOOL
- Elementary School District: 49 - Spring Branch
- High School: MEMORIAL HIGH SCHOOL (SPRING BRANCH)
- High School District: 49 - Spring Branch
- Middle School: MEMORIAL MIDDLE SCHOOL (SPRING BRANCH)
- Middle or Junior School District: 49 - Spring Branch
Condo Info
Rental Info
Amenities and Community Features
- Community Features: CommunityPool
Other Property Info
- Annual Tax Amount: 8296
- Source Listing Status: Active
- County: Harris
- Directions: Head northwest on Beltway 8 N toward Faust Lane. Turn right onto Boheme Drive. Turn right onto Memorial Drive. Turn right onto Somerset Place. Please check in with security.
- Tax Year: 2025
- Source Property Type: Residential
- Area: 23
- Property Subtype: townhouse
- MLS Area Minor: Memorial West
- Source Neighborhood: Somerset Place 03 R/P
- Parcel Number: 106-578-014-0096
- Postal City: Houston
- Public Survey Section: -
- Subdivision: Somerset Place 03 R/P
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 25353
- Year Built: 1978
- Building Area Total: 25353
- Construction Materials: Brick
- Foundation Details: Slab
- Levels: Two
- Living Area Source: Owner
- Property Age: 47
- Roof: Composition
- Levels or Stories: 2
- Building Total Stories: 2
- Year Built Source: PublicRecords
- Architectural Style: Traditional
Utilities
- Sewer: PublicSewer
- Water Source: Public
Home Features
- Security Features: GatedWithAttendant
