5004 Memorial Dr 356, Houston, TX 77007 – Apartment High Rise (5+ stories)

ApartmentsYear Built 2019Total Assessed Value $88,620,561County Harris

Property Details

The Apartments property 5004 Memorial Dr 356, Houston, TX 77007 is located in Harris County. The specific property type is Apartment High Rise (5+ stories). The total assessed value of this property is $88,620,561.

The gross building area is 303,926 square feet and the land area is 109,597 square feet for this Apartment High Rise (5+ stories) built in 2019.

Legal description: Res A Blk 1 Alexan Memorial

$88,620,561

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$2,145

Avg Rent

Property Image of 5004 Memorial Dr 356, Houston, TX 77007, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment High Rise (5+ stories)

Building Area303,926

Land Size109,597

Land Value$7,123,805

Improved Value$81,496,756

Total Assessed Value$88,620,561

Year Built2019

County NameHarris

Account Number1408690010001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionConcrete

Garage TypeParking Garage

Bathrooms34

PatioAvailable

Access Gates1

Jogging Trail1

Business Center1

Vaulted Ceilings1

Walk-in Closets1

Granite Countertops1

Steel Appliances1

Number of Units356

Elevator

Exterior WallsRock, stone

Sales History

9/23/2025

Arms-lengthNot Disclosed

Buyer

Comref Memorial Llc

Seller

Dri/maple Memorial Llc

Book Number

2025.392804

Recording Date

9/23/2025

Transaction Details

Comref Memorial Llc acquired the property from Dri/maple Memorial Llc through a Arms-length transaction on 9/23/2025 for .

7/20/2021

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

7/20/2021

Transaction Details

acquired the property from through a Other transaction on 7/20/2021 for .

Property constructed in 2019

YSale Price (USD) byXSales Year

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Mortgage History

1/24/2024

Arms length residential transactions purchase or resales$61,500,000

Borrower

Drimaple Memorial Llc

Lender

Invesco Commercial Re Fin Inv

Book Number

2024.26232

Recording Date

1/24/2024

Transaction Details

Drimaple Memorial Llc borrowed the property from Invesco Commercial Re Fin Inv through a Arms length residential transactions purchase or resales transaction on 1/24/2024 for $61,500,000.

Property constructed in 2019

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$8,219,775	$80,928,144	$89,147,919	$89,147,919	Comref Memorial Llc	2121 N Pearl St Ste ...	Res A Blk 1 Alexan M...	5925.04	-	109,597	303,926
2025	$7,123,805	$81,496,756	$88,620,561	$88,620,561	Dri Maple Memorial ...	750 Town And Country...	Res A Blk 1 Alexan M...	5925.04	-	109,597	303,926
2024	$7,123,805	$80,801,126	$87,924,931	$87,924,931	Dri / Maple Memorial...	750 Town And Country...	Res A Blk 1 Alexan M...	5925.04	-	109,597	303,926
2023	$7,123,805	$73,876,195	$81,000,000	$81,000,000	Dri / Maple Memorial...	750 Town And Country...	Res A Blk 1 Alexan M...	5925.04	-	109,597	303,926
2022	$7,123,805	$63,175,850	$70,299,655	$70,299,655	Dri / Maple Memorial...	750 Town And Country...	Res A Blk 1 Alexan M...	5925.04	-	109,597	303,926
2021	$7,123,805	$40,098,241	$47,222,046	$47,222,046	Dri / Maple Memorial...	750 Town And Country...	Res A Blk 1 Alexan M...	5925.04	-	109,597	303,926
2020	$7,123,805	$8,276,195	$15,400,000	$15,400,000	Dri / Maple Memorial...	750 Town And Country...	Res A Blk 1 Alexan M...	5925.04	-	109,597	303,926

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
5004 Memorial Dr 356, Houston, TX 77007	1408690010001	Apartments	Apartment High Rise (5+ stories)	Dri Maple Memorial Llc	Harris	-	-	-	-	2019	303,926	356
301 St Joseph Pky 379, Houston, TX 77002	1274570010001	Apartments	Apartment High Rise (5+ stories)	2009 Cpt Community Owner Llc	Harris	2.3	$ 107,198,000	2025-11-13	$ 290.50	2006	369,017	379
7655 Washington Ave 356, Houston, TX 77007	1501110010001	Apartments	Apartment High Rise (5+ stories)	Pmp Investment Llc	Harris	1.7	$ 75,625,000	2025-05-16	$ 232.90	2019	324,709	356
4899 Montrose Blvd Ste 187 Ste187, Houston, TX 77006	1215190010001	Apartments	Apartment High Rise (5+ stories)	Finger Fsc Montrose Ltd	Harris	2.7	$ 71,820,000	2025-07-05	$ 127.06	2002	565,246	187
2300 Mccue Rd 299, Houston, TX 77056	1184790000001	Apartments	Apartment High Rise (5+ stories)	T C Montecito Llc	Harris	3.4	$ 43,890,000	2025-09-17	$ 137.56	1996	319,072	299
1148 Silber Rd 352, Houston, TX 77055	1413370010001	Apartments	Apartment High Rise (5+ stories)	Brep Memorial Lp Etal	Harris	3.8	$ 61,180,000	2025-08-26	$ 209.31	2020	292,292	352
409 Travis St 274, Houston, TX 77002	1355320010001	Apartments	Apartment High Rise (5+ stories)	Hm Aris Llc Et Al	Harris	3.0	$ 77,492,450	2025-01-28	$ 215.23	2015	360,043	274
5740 San Felipe St 327, Houston, TX 77057	1184570010001	Apartments	Apartment High Rise (5+ stories)	Hsr Tanglewood Llc	Harris	4.1	$ 59,203,620	2024-12-20	$ 151.45	2012	390,921	327
6301 Almeda Rd 320, Houston, TX 77021	1202420010001	Apartments	Apartment High Rise (5+ stories)	Maverick County Housing Finance Corp	Harris	4.2	$ 56,712,500	2024-12-18	$ 168.60	1999	336,382	320
641 W Crosstimbers St 327, Houston, TX 77018	1449360010001	Apartments	Apartment High Rise (5+ stories)	Garden Oaks Apartments Llc	Harris	4.4	$ 66,367,000	2025-11-19	$ 211.71	2022	313,481	327
2724 Kipling St 302, Houston, TX 77098	1332230010001	Apartments	Apartment High Rise (5+ stories)	2724 Kipling Owner Llc	Harris	1.7	$ 54,131,000	2024-07-30	$ 187.72	2012	288,358	302

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	5004 Memorial Dr 356, Houston, TX 77007	—	-	109,597	2019	303,926	$ 88,620,561	$ 7,123,805	-
Bank Of The Orient	5400 Memorial Dr, Houston, TX 77007	08/14/2025	$ 9,220,000	88,142	1965	173,913	$ 14,073,794	$ 6,610,650	Fell In Love Llc
Regions Bank	3275 Summer St, Houston, TX 77007	08/06/2025	$ 29,092,000	101,743	2020	161,461	-	-	Dtc Ss Coop Llc
Keybank National Association	929 Westcott St, Houston, TX 77007	07/16/2025	$ 94,545,000	123,623	2019	432,689	$ 126,500,000	$ 6,304,773	Mpw Owner Lp
Fbred Bdc Finance Llc	2221 W Dallas St, Houston, TX 77019	06/27/2025	$ 58,500,000	249,947	2008	415,827	$ 87,609,142	$ 23,744,965	Us Living Montrose Llc
Truist Bank	3003 Memorial Ct 380, Houston, TX 77007	06/10/2025	$ 57,000,000	435,600	2000	466,392	$ 85,294,052	$ 37,026,000	Cb Marcella Memorial Heights L
Acre Credit Fund Ii Lndg Llc	1317 Post Oak Park Dr, Houston, TX 77027	05/29/2025	$ 50,000,000	145,926	2019	386,850	$ 83,984,674	$ 11,674,080	Houston Reverie Llc
Spt Real Estate Capital Llc	7655 Washington Ave, Houston, TX 77007	05/16/2025	$ 60,500,000	174,240	2019	324,709	$ 74,431,715	$ 4,356,000	-
Citibank Na	1120 Moy St, Houston, TX 77007	04/11/2025	$ 9,240,000	34,243	2021	150,400	$ 6,769,708	$ 2,739,440	Heritage Senior Residences Lp
Citibank Na	1120 Moy St, Houston, TX 77007	04/11/2025	$ 9,240,000	14,936	2021	30,233	$ 2,863,508	$ 1,194,880	Heritage Senior Residences Lp
Walker & Dunlop Llc	609 Waverly St, Houston, TX 77007	04/01/2025	$ 47,724,000	182,037	2019	241,675	-	-	Standard In The Heights Lp

Mean$ 68,552,715

Median$ 57,632,500.0

Loan Amount Range$ 235,600 - $ 500,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
5004 MEMORIAL DR, HOUSTON, TX 77007-7287	ALEXAN MEMORIAL	8324645050	APARTMENTS

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Tenant Industry Distribution

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License Details

License Number

32092148256

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

10/3/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	ERIC CARDENAS LAW, PLLC
	Address Line	5004 memorial dr apt 443
	City / State / Zip	houston TX 77007
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48201
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	77007
Registration Details	SOS Code	A

License Timeline

License Issued

10/3/2023

Currently Active

Status: -

Renewal Required

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