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General Description

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Build your dream home in the heart of Piney Point Village! Exceptional 14,350 sf interior lot* (100' x 143.5') available in one of the most desirable parts of Piney Point with easy access to Memorial Drive Elementary and Chapelwood Church. Quiet street with many new construction homes around. Please note: No interior showings as house was damaged in a fire. Do not walk the property without a scheduled appointment. (*Per Owner)

MLS#:

17702459 (HAR)

Sold Price Range:

$947,001 - $1,082,000

Listing Status:

Sold

Address:

534 Lanecrest Lane

City:

Houston

State:

Zip Code:

77024

County:

Harris County

Subdivision:

Memorial Terrace (View subdivision price trend)

Legal Description:

LT 2 BLK 3 MEMORIAL TERRACE

Property Type:

Single-Family

Stories:

Style:

Ranch

Year Built:

1956 / Appraisal District

Building Sqft.:

2,855 /Appraisal District

Lot Size:

14,350 Sqft. /Other

Key Map©:

490G

Market Area:

Memorial Villages

Interior Features

Heating:

Central Gas

Cooling:

Central Electric

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

Yes

Private Pool Desc:

In Ground

Exterior Type:

Brick

Lot Description:

Subdivision Lot

Water Sewer:

Public Sewer, Public Water

Unit Location:

Subdivision Lot

Additional Information

List Type:

Exclusive Right to Sell/Lease

HOA Mandatory:

Dwelling Type:

Free Standing

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

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$17, 377/2021

Tax Rate:

2.1721

Listing Broker:

Travis Realty Group, LLC

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$376.53	$1,075,000	2.87%	$1,075,000	22.16%
2022	$366.02	$1,045,000	30.63%	$880,000	10.00%
2021	$280.21	$800,000	0.00%	$800,000	0.00%
2020	$280.21	$800,000	-7.67%	$800,000	-7.67%
2019	$303.50	$866,500	0.00%	$866,500	0.00%
2018	$303.50	$866,500	-1.05%	$866,500	6.67%
2017	$306.72	$875,692	0.00%	$812,281	10.00%
2016	$306.72	$875,692	0.65%	$738,438	10.00%
2015	$304.73	$870,000	35.94%	$671,308	10.00%
2014	$224.17	$640,000	15.36%	$610,280	10.00%
2013	$194.33	$554,800	0.00%	$554,800	0.00%
2012	$194.33	$554,800		$554,800

2023 Harris County Appraisal District Tax Value

Market Land Value:	$886,584
Market Improvement Value:	$188,416
Total Market Value:	$1,075,000

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 %
PINEY POINT VILLAGE CITY OF:	0.2551 %
MEMORIAL VILLAGES WA:	0.0255 %
Total Tax Rate:	2.0849 %

Estimated Mortgage/Tax

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$6,298 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 4,430
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 1,8681,868
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 Terrace

County / Zip Code:

77024

Single Family Properties:

Average Bedrooms:

3.97

Average Baths:

3.75

Median Square Ft.:

3,141

Median Lot Square Ft.:

15,429

Median Year Built:

1969

Median Appraised Value:

$1,265,649

Neighborhood Value Range:

$901 - $2059 K

Median Price / Square ft.:

$376.53

View Price Trends for Memorial Terrace

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.