Legends of Memorial

915 Silber Rd, Houston, TX 77024

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 107,310 SF
  • Units 160
  • Year Built 1963
  • Date Updated Jul 1, 2025

Legends of Memorial is a gated, 160-unit multifamily community located in Houston’s highly desirable Memorial neighborhood, zoned to top rated Schools - Hunter’s Creek Elementary, Spring Branch Middle School, and Memorial High School. The property offers a mix of studio, one-, two- and three-bedroom floor plans ranging from 205 to 1,300 square feet. Residences are thoughtfully designed with wood-style flooring, spacious walk-in closets, and fully equipped kitchens featuring granite countertops, mosaic tile backsplashes, and stainless steel appliances in select units. Residents enjoy premium amenities including two resort-style swimming pools with grilling areas, a resident clubhouse with business and fitness centers, two on-site laundry facilities, valet trash service, and covered parking.

The community offers professional on-site management with 24-hour emergency maintenance. With a blend of modern interior upgrades and enduring exterior charm, Legends of Memorial presents a compelling investment opportunity in a stable, high-demand rental market. Its proven rent performance and location within a top-tier school district underscore its long-term value and potential for sustained operational growth.


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Highlights

  • Almost all units received a first gen renovation which consisted of wood-plank flooring, crown molding, and generous storage space. All units have granite countertops and select units include breakfast bars, mosaic backsplashes, stainless steel appliances.
  • High Barriers to Entry as Hunters Creek enforces strict zoning laws. Zoned to some of Houstons top rated Schools - Hunters Creek Elementary, Spring Branch Middle School, and Memorial High School.
  • Situated in one of the most affluent zip codes in Texas, this property occupies both the west and east side of Silber Rd and is surrounded by exceptional demographics, with HAR.com citing an average home price of $4.34 million and $644 per square foot. The area boasts an average household income of approximately $548,884, placing Hunters Creek Village among the top three wealthiest cities in the state.
  • The asset features covered parking garages and offers substantial upside through rent increases, as current rents are well below market comps. Additional value can be unlocked through interior upgrades and the installation of more washer/dryer connections.
  • There is a cell tower that is on property that is currently being leased through 2047 with 3% annual escalation. The contract renews every 5 years and has a base rent of $3,750 per month + revenue sharing. The current rent is $5,520 per month ($66,240 per year).
  • With nearly 15 years of stable ownership, there is a significant opportunity to reduce operational expenses. Immediate Expense Savings include Security Control, Chiller Maintenance Contract and Payroll. The property also includes an assumable insurance policy recently renewed at just under $700 per unit. This policy is Fannie / Freddie approved.

Contacts

broker
Jordon Emmott

GREA

broker
Jackson Naponic

GREA

broker
Abraham Garza III

GREA

broker
Shayan Hasnain

GREA

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Houston, TX
  • Neighborhood Uptown Houston
  • Zip Code 77024
  • Market Houston

Points of Interest

  • Cavalcade

    6.16 miles

  • Lindale Park

    6.19 miles

  • Museum District (southbound)

    6.20 miles

  • Moody Park

    6.21 miles

  • Theater District (eastbound)

    6.22 miles

  • Hermann Park/Rice U

    6.22 miles

  • Quitman/Near Northside

    6.26 miles

  • Museum District (northbound)

    6.26 miles

  • Downtown Transit Center

    6.28 miles

  • Melbourne/North Lindale

    6.30 miles

  • Blink

    0.32 miles

  • Murphy USA

    0.35 miles

  • Shell

    0.91 miles

  • Chevron

    0.93 miles

  • GM Express

    0.95 miles

  • Exxon

    0.98 miles

  • 7-Eleven

    1.48 miles

  • Valero

    1.49 miles

  • ChargePoint

    2.34 miles

  • Tesla Supercharger

    3.16 miles

  • Northwest Transit Center Parking

    0.86 miles

  • Omni Houston Hotel Parking Garage

    1.58 miles

  • West Sports Complex Parking Lot

    2.09 miles

  • East Sports Complex Parking Lot

    2.29 miles

  • 33ThirtyThree -Parking Garage 2

    3.67 miles

  • Village Towers Parking Garage

    3.73 miles

  • Solvay America Parking

    4.18 miles

  • Memorial City Mall Overflow Parking

    4.37 miles

  • Hilcroft Park and Ride

    4.51 miles

  • Memorial City Plaza Parking Garage

    4.51 miles

  • Holiday Inn Express & Suites Houston - Memorial Park Area

    0.09 miles

  • Crowne Plaza Houston Galleria Area

    0.21 miles

  • Wellesley Inn and Suites Houston Memorial

    0.47 miles

  • The Houstonian

    1.01 miles

  • Omni Houston Hotel

    1.56 miles

  • Hotel Granduca Houston

    1.82 miles

  • Sheraton

    1.89 miles

  • SpringHill Suites

    2.12 miles

  • The Post Oak Hotel

    2.20 miles

  • Rodeway Inn

    2.27 miles

  • Jack in the Box

    0.07 miles

  • Subway

    0.20 miles

  • Panda Express

    0.23 miles

  • Jersey Mike's Subs

    0.26 miles

  • Maine-ly Sandwiches

    0.27 miles

  • Russo’s New York Pizzeria

    0.27 miles

  • Dave & Buster's

    0.28 miles

  • Warehouse 72

    0.29 miles

  • Chick-fil-A

    0.30 miles

  • Big City Wings

    0.33 miles

  • Awty International School Houston

    0.50 miles

  • Saint Mary's Seminary

    0.80 miles

  • The Regis School of the Sacred Heart

    1.03 miles

  • Duchesne Academy of the Sacred Heart

    1.09 miles

  • Big Little School

    1.18 miles

  • Housman Elementary School

    1.22 miles

  • The Fay School

    1.22 miles

  • School of the Woods

    1.30 miles

  • Treasure Forest Elementary School

    1.68 miles

  • Hunters Creek Elementary School

    1.76 miles

  • Early Learning Campus of the Awty International School

    0.79 miles

  • La Petite Academy

    2.51 miles

  • Mariner Montessori at Heights

    3.09 miles

  • Bonne Vie School

    3.59 miles

  • Houston Heights Day Care

    3.71 miles

  • The Kenworthy School

    3.78 miles

  • The Goddard School of Houston

    3.79 miles

  • KinderCare

    3.84 miles

  • House at Pooh Corner

    4.00 miles

  • Alianza Eco International School

    4.63 miles

Frequently Asked Questions

How much does Legends of Memorial cost?

The sale price for Legends of Memorial is available upon request. Contact the listing broker for more information.

What is the total square footage of Legends of Memorial?

Legends of Memorial totals 107,310 square feet.

When was this property built?

Legends of Memorial was built in 1963.

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