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General Description

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LOCATION! LOCATION! LOCATION! ONE BLOCK FROM MEMORIAL! WALKING DISTANCE FROM TOWN & COUNTRY VILLAGE AND CITY CENTER! 8 MINUTES DRIVING TO MEMORIAL CITY MALL AND HOSPITAL! EXCELLENT NEIGHBORHOOD, EXCELLENT LOT LOCATION, EXCELLENT SCHOOLS! HOME WAS FLOODED BY HARVEY DUE TO RELEASE OF RESERVOIRS. HAS NEVER FLOODED PRIOR. HOME BEING SOLD FOR LOT VALUE ONLY. COME BUILD YOUR DREAM HOME IN ONE OF THE MOST HIGHLY COVETED AREAS IN MEMORIAL!

MLS#:

25685067 (HAR)

Sold Price Range:

$482,001 - $552,000

Listing Status:

Sold

Address:

418 Faust Lane

City:

Houston

State:

Zip Code:

77024

County:

Harris County

Subdivision:

Memorial Bend Sec 01 (View subdivision price trend)

Legal Description:

LT 21 BLK 3 MEMORIAL BEND SEC 1

Property Type:

Single-Family

Bedrooms:

5 Bedroom(s)

Baths:

2 Full Bath(s)

Garage(s):

2 / Detached

Stories:

Style:

Traditional

Year Built:

1956 / Appraisal District

Building Sqft.:

2,561 /Appraisal District

Lot Size:

8,050 Sqft. /Appraisal District

Key Map©:

489H

Market Area:

Memorial West

Rooms/Lot Dimensions

Primary Bedroom:

22X15, 1st

Bedroom:

13X13, 1st

Bedroom:

14X10, 2nd

Bedroom:

13X13, 1st

Bedroom:

12X12, 2nd

Interior Features

Bedroom Description:

2 Bedrooms Down, Primary Bed - 1st Floor

Cooling:

Central Electric

Heating:

Central Gas

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

Exterior Type:

Brick & Wood

Lot Description:

Subdivision Lot

Water Sewer:

Public Sewer, Public Water

Unit Location:

Subdivision Lot

Additional Information

Dwelling Type:

Free Standing

HOA Mandatory:

List Type:

Exclusive Right to Sell/Lease

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Ownership:

Full Ownership

Other Fees:

Maintenance Fee:

Voluntary

Taxes w/o Exemp:

$12, 076/2017

Tax Rate:

2.6139

Listing Broker:

Realty Associates

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$543.95	$1,393,064	4.79%	$1,393,064	4.79%
2022	$519.09	$1,329,385	9.82%	$1,329,385	9.82%
2021	$472.66	$1,210,471	54.64%	$1,210,471	54.64%
2020	$305.64	$782,744	77.71%	$782,744	77.71%
2019	$171.98	$440,450	-11.64%	$440,450	-11.64%
2018	$194.65	$498,490	-14.87%	$498,490	7.90%
2017	$228.64	$585,556	0.00%	$461,990	10.00%
2016	$228.64	$585,556	0.00%	$419,991	10.00%
2015	$228.64	$585,556	25.94%	$381,810	10.00%
2014	$181.54	$464,933	47.34%	$347,100	10.00%
2013	$123.21	$315,546	10.00%	$315,546	10.00%
2012	$112.01	$286,860		$286,860

2023 Harris County Appraisal District Tax Value

Market Land Value:	$472,616
Market Improvement Value:	$920,448
Total Market Value:	$1,393,064

harris County Appraisal District

2023 Tax Rates

SPRING BRANCH ISD:	1.2688 %
HARRIS COUNTY:	0.3437 %
HC FLOOD CONTROL DIST:	0.0306 %
PORT OF HOUSTON AUTHORITY:	0.0080 %
HC HOSPITAL DIST:	0.1483 %
HC DEPARTMENT OF EDUCATION:	0.0049 %
HOUSTON CITY OF:	0.5336 %
Total Tax Rate:	2.3379 %

Estimated Mortgage/Tax

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$4,624 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 1,910
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 2,7142,714
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Memorial Bend

County / Zip Code:

77024

Single Family Properties:

360

Average Bedrooms:

3.74

Average Baths:

3.38

Median Square Ft.:

2,810

Median Lot Square Ft.:

9,442

Median Year Built:

1962

Median Appraised Value:

$787,691

Neighborhood Value Range:

$505 - $1530 K

Median Price / Square ft.:

$255.96

View Price Trends for Memorial Bend

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS

Rummel Creek Elementary School Elementary . PK - 05 . SPRING BRANCH ISD

Excellent |

Memorial Middle School Middle . 06 - 08 . SPRING BRANCH ISD

Excellent | Math Distinction

Memorial High School High . 09 - 12 . SPRING BRANCH ISD

Excellent | Math Distinction

View Nearby Schools ↓

Property Map

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418 Faust Lane, Houston, TX 77024 Directions

Nearby places and schools.

Street View Birds Eye View

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418 Faust Lane Houston TX 77024 was recently sold. It is a 0.18 Acre(s) Lot, 2,561 SQFT, 5 Beds, 2 Full Bath(s) in Memorial Bend Sec 01.

View all homes on Faust