Updated Dec 20, 2023
Chris & Jada Paul Sell Single Family Home In Houston's Memorial Drive Area For $7.2M
9111 Memorial Drive, Houston, TX, USA
$7,200,000
$713/SF
Building Size
10,098 SF
Asset Type
Single Family Residence
Closing
Dec 9, 2020
About this deal
AI
A single family home located at 9111 Memorial Drive in Houston has been sold. The property, with a size of 10,098 square feet, was sold on December 10, 2020. The transaction took place at a listed price of $7,200,000, resulting in a price per square foot of $713. The sellers of the property were Chris & Jada Paul. Dolores Guggenheim from Compass represented the sellers in the deal, while Maureen Boyd acted as the buyer's representative.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,200,000
- Size: 10,098 square feet
- Address: 9111 Memorial Drive, Houston
- Market: Houston
Dolores Guggenheim from Compass served as the representative for the sellers, Chris & Jada Paul. Maureen Boyd represented the buyer in this transaction.
Houston Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93