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    12984 Trail Hollow Dr, Unit 2984A Houston, TX 77079

    For Sale
    $189,000

    Two-bedroom condo in Memorial area with lease in place.

    Lot size:
    4.50 Acres

    Property Features for 12984 Trail Hollow Dr

    General Information

    Lot size
    4.50 Acres

    Building Details

    Year built
    1969

    Source: HomeSmart Agent Fariah Qureshi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Memorial Area Condo Investment Opportunity

    This two-bedroom, two-bath condo is located in the Memorial area, offering an investment opportunity with a lease in place until 2026, with the current tenant paying $1800 per month. The property is situated minutes away from City Centre and is conveniently located close to I-10 and Beltway 8. Interior features include tile and laminate flooring throughout, along with granite countertops in the kitchen. The property includes two carport spaces with storage. Residents can easily walk to City Centre for shopping, dining, and nightlife. The community offers a quiet environment with scenic oak trees, three swimming pools, a clubhouse, two playgrounds, and a dog park. HOA services include exterior insurance, roof maintenance, landscaping, water, sewer, gas, cable, and trash pickup. The property is zoned to top SBISD Schools and Rummel Creek Elementary.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.5664067
    Latitude
    29.7793344

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    FAQs

    What type of property is this?
    Apartment building - Two-bedroom condo in Memorial area with lease in place.
    Where is this apartment building located?
    The property is located at 12984 Trail Hollow Dr, Unit 2984A Houston, TX.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: - Investment property with existing lease in place until 2026, generating $1800 monthly income.; - Prime location in the Memorial area, minutes from City Centre, I-10, and Beltway 8.; - HOA covers exterior insurance, roof, landscaping, water/sewer/gas, cable, and trash pickup.
    (346) 370-5678
    Request Owner's contact information
    12984 Trail Hollow Dr, Unit 2984A Houston, TX 77079
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    Houston, TX 77079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12984 Trail Hollow Dr, Unit 2984A Houston, TX 77079
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