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531 Electra Dr Houston, TX 77024 Directions

Currently not for sale


Home Value Comparables

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Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

AVM Value
$1.22M
$393.98/sqft
AVM Value
$1.23M
$398.48/sqft
AVM Value
$1.24M
$402.18/sqft
Value Range
$974K - $1.46M
Value Range
$1.15M - $1.31M
Value Range
$1,242,326
Confidence Score
80%

Margin of Error*: 20%
Confidence Score
92%

Margin of Error*: 7%
Confidence Score
NA


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Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

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Updated as of May 2024.

4 Bed(s)
3 Full Bath(s)
3,089 Bldg Sqft.
17,590 Lot Sqft.

General Description

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531 Electra Dr (currently not for sale) is located in Memorial Bend subdivision in Harris County. Scroll to see the property features, tax value, mortgage calculator, nearby schools and similar homes for sale.

The property information herein and below is from the county appraisal district and should be independently verified.

Contact a REALTOR® for an estimate of this property

Status:
Not Currently For Sale
Market Value:
$ 1,242,326/Appraisal District ($402/sqft.)
Address:
531 Electra Dr
City:
State:
TX
Zip Code:
Subdivision:
Legal Description:
LT 25 BLK 1 MEMORIAL BEND SEC 1
Bedrooms:
4 Bedroom(s)
Baths:
3 Full Bath(s)
Stories:
1 /Appraisal District
Building Sqft.:
3,089 /Appraisal District
Year Built:
1957 /Appraisal District
Lot Size:
17,590 Sqft.  /Appraisal District
Garage(s):
2


Rooms/Lot Dimensions

Bedroom:
12x10, Down
Dining:
17x13, Formal
Living:
29x13, Formal
Kitchen:
12x9
Den:
18x15
Game Room:
15x14
Bedroom:
14x10, Down
Bedroom:
15x11, Down
Bedroom:
14x11, Down



Interior Features

Heating:
Central Gas
Bathroom Description:
Master Bath Shower Only
Range:
Gas Range
Cooling:
Central Electric
Energy Feature:
Attic Fan,Attic Vents
Number Of Dinning Area:
Den,Formal Living,Living/Dining Combo
Floors:
Carpet,Laminate,Tile
Countertop:
granite
Connections:
Electric Dryer Connections
Interior:
Breakfast Bar,Fire/Smoke Alarm
Bedroom Desc:
Split Plan
Oven:
Freestanding Oven,Gas Oven
Room Description:
Den,Formal Living,Living/Dining Combo
Fireplace:
1/Wood Burning Fireplace


Exterior Features

Roof:
Composition
Lot Description:
Subdivision Lot,Wooded
Foundation:
Slab
Garage Carport:
Auto Garage Door Opener
Exterior:
Back Yard Fenced,Fully Fenced,Patio/Deck,Sprinkler System,Subdivision Tennis Court
Exterior Type:
Wood
Private Pool:
No
Water Sewer:
Public Sewer


Lot Information

  Lot Size: 17,590 Lot Sqft. / Appraisal District
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

Restrictions:
Deed Restrictions
HOA Mandatory:
Yes
Dwelling Type:
Free Standing
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $402.18 $1,242,326 23.89% $1,103,075 10.00%
2022 $324.63 $1,002,796 -1.41% $1,002,796 -1.41%
2021 $329.29 $1,017,169 14.26% $1,017,169 14.26%
2020 $288.20 $890,248 -0.53% $890,248 -0.53%
2019 $289.74 $895,000 7.91% $895,000 7.91%
2018 $268.50 $829,392 0.00% $829,392 0.00%
2017 $268.50 $829,392 0.00% $829,392 0.00%
2016 $268.50 $829,392 0.00% $829,392 5.92%
2015 $268.50 $829,392 35.17% $783,030 27.61%
2014 $198.64 $613,603 28.38% $613,603 28.38%
2013 $154.73 $477,952 10.00% $477,952 10.00%
2012 $140.66 $434,502 $434,502
2023 Harris County Appraisal District Tax Value
Market Land Value: $747,555
Market Improvement Value: $494,771
Total Market Value: $1,242,326

Tax History
2023 Assessed Value/Appraisal District: $1,103,075
2022 Assessed Value/Appraisal District: $1,002,796
2021 Assessed Value/Appraisal District: $1,017,169
2020 Assessed Value/Appraisal District: $890,248
2019 Assessed Value/Appraisal District: $895,000
2018 Assessed Value/Appraisal District: $829,392
2017 Assessed Value/Appraisal District: $829,392
2016 Assessed Value/Appraisal District: $829,392
2015 Assessed Value/Appraisal District: $783,030
2014 Assessed Value/Appraisal District: $613,603
2013 Assessed Value/Appraisal District: $477,952
2012 Assessed Value/Appraisal District: $434,502
Harris County Appraisal District
2023 Tax Rates
SPRING BRANCH ISD: 1.0789 %
HARRIS COUNTY: 0.3501 %
HC FLOOD CONTROL DIST: 0.0311 %
PORT OF HOUSTON AUTHORITY: 0.0057 %
HC HOSPITAL DIST: 0.1434 %
HC DEPARTMENT OF EDUCATION: 0.0048 %
HOUSTON CITY OF: 0.5192 %
Total Tax Rate: 2.1332 %

Estimated Mortgage/Tax

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$6,953 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 4,745
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 2,208
Home Owners Insurance Get a Quote
$
Months
Years
$
%
%
$

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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

View Nearby Schools

531 Electra Dr is a 4 Beds, 3 Full Bath(s), property in Houston TX 77024. View photos, map, tax, nearby homes for sale, home values, school info...

View all homes on Electra Dr

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