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$98,258

NAL Estimated Property Value

10855 Meadowglen Lane 604, Houston, TX, 77042

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths643 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$155.52 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Washer/Dryer, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesStorage

Building Information

Year Built1981
Stories1

Land Information

APN1150340010004
Lot Number604
SubdivisionRiverstone 2 Condo Ph 1
Land UseResidential
Legal DescriptionLT 604 BLDG A RIVERSTONE 2 CONDO PH 1
Census Tract452203
Assessed Land Value$18,669
Assessed Improvement Value$79,589
Assessment Year2025

About this property

Beautifully updated one bedroom one bathroom one block from Westheimer. This condo has had the works done! Recessed lighting, fresh texture and paint, new Kitchen cabinets, baseboards, and doors. The kitchen features Quartz countertops, open shelving, new sink and accessories. This unit comes with a refrigerator, stackable washer and dryer, and a Brand New Electric Stove and Microwave that will be installed prior to closing! 9 ft ceilings make this unit feel open and airy. New laminate flooring in the entire unit!

Investor Tools

Property Icon
$98,258
Estimated Property Value
$1,096,160Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
$273/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,143
$98,258
2025
$18,669
$79,589
$98,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,143
$98,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jet Lending Llc
Unknown
$547,950
No
First
Mar 9, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,096,160
N/A
0%
1116%
$6,977/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$7,250/mo
$-5,820/mo
17.5%

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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10855 Meadowglen Lane 604 | Property Details | No Agent List