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$91,095

NAL Estimated Property Value

10855 Meadowglen Ln Apt 1007, Houston, TX, 77042

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths620 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$161.29 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesStorage

Building Information

Year Built1982
Stories1

Land Information

APN1150340050007
SubdivisionRiverstone 2 Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 1007 BLDG E RIVERSTONE 2 CONDO PH 2
Census Tract452203
Assessed Land Value$17,308
Assessed Improvement Value$73,787
Assessment Year2025

About this property

Brand New Listing! Nicely located in a small secluded area at the corner of the complex with an access gate nearby that only certain residents can utilize. Lots of updates in this condo include recessed lighting, fresh texture and paint, new Kitchen cabinets, baseboards and trim. The kitchen features beautiful Quartz countertops, new sink, garbage disposal and accessories. This unit comes with a New Electric Stove and Microwave that will be installed prior to closing! New laminate flooring in the entire unit! The seller owns multiple units in this complex and this unit is exceptionally finished!

Investor Tools

Property Icon
$91,095
Estimated Property Value
$88,275Estimated Mortgage Balance
$2,820Estimated Equity
3% 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
$116/month
$273/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$937
$91,095
2025
$17,308
$73,787
$91,095
No

Tax History

Year
Tax Paid
Assessed Value
2024
$937
$91,095

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$92,625
No
First
Oct 12, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,275
$2,820
3%
97%
$556/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,200/mo
$829/mo
+$371/mo
15.8%

Learn About the Market: Opportunity in Houston

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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 Ln Apt 1007 | Property Details | No Agent List