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B+
NoAgentList RatingHow are grades calculated? Info

$74,000

10855 Meadowglen Lane 608, Houston, TX, 77042

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths591 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$135.19 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile

Building Information

Year Built1981
Stories1

Land Information

APN1150340010008
Lot Number608
SubdivisionRiverstone 2 Condo Ph 1
Land UseResidential
Legal DescriptionLT 608 BLDG A RIVERSTONE 2 CONDO PH 1
Census Tract452203
Assessed Land Value$13,939
Assessed Improvement Value$59,425
Assessment Year2025

About this property

Don’t miss this incredible opportunity to own a beautifully updated condo in a gated community, perfectly situated in the heart of the city! Conveniently located near the Galleria, I-10, Westpark Tollway, Beltway 8, and a variety of shopping and dining options. This first-floor unit features a modern kitchen with brand-new cabinets, new appliances, quartz countertops, and updated plumbing fixtures. The spacious living room boasts a cozy wood-burning fireplace and a French door that opens to a private patio. Fresh interior paint throughout enhances the clean and inviting feel of the space. Enjoy the convenience of being just inside the gate, along with access to community amenities, including a sparkling pool. This well-maintained home is move-in ready and waiting for you!

Investor Tools

Property Icon
$74,000
Estimated Property Value
$0Estimated Mortgage Balance
$74,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$479 /month
Positive
Cash Flow Estimate:
$160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$868
$73,364
2025
$13,939
$59,425
$73,364
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$868
$73,364

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$74,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$265/mo
+$1,165/mo
23.2%

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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