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$82,000

10855 Meadowglen Lane 601, Houston, TX, 77042

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths643 Sq Ft
price_per_sqft$127.53 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Freestanding Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1981
Stories1

Land Information

APN1150340010001
Lot Number601
SubdivisionRiverstone 2 Condo Ph 1
Land UseResidential
Legal DescriptionLT 601 BLDG A RIVERSTONE 2 CONDO PH 1
Census Tract452203
Assessed Land Value$15,202
Assessed Improvement Value$64,808
Assessment Year2025

About this property

Gorgeous!Nice and Bright Condominium located in desired Westchase district . Quiet gated community with easy access to Westheimer, beltway 8 & Westpark Tollway, close to Galleria, restaurants. Corner unit with large front patio. Primary bedroom with a walking closet, Living room with fireplace; laminate floors in living area; includes refrigerator ,dishwasher; stacked washer and dryer; granite counter tops. Assigned and covered parking. Well maintained apartment in amazing location and community pool. Schedule your showing today! "Water bill and trash pickup included of the rent"

Investor Tools

$0Estimated Mortgage Balance
$80,010Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$492 /month
Positive
Cash Flow Estimate:
$164 /month

Interested in this property?

Najmeh Raji

REALM Real Estate Professionals - Galleria

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$947
$80,010
2025
$15,202
$64,808
$80,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$947
$80,010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$80,010
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$280/mo
+$1,150/mo
21.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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