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$389,000

NAL Estimated Property Value

118 Meadow Dr, Bellville, TX, 77418

$443,083 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,767 Sq Ft
price_per_sqft$140.59 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size12,319 sqft

Building Information

Year Built1982
Garage Spaces2

Land Information

APN22597
Lot Number28
SubdivisionSouth Forty Sub
Land UseResidential
Legal DescriptionSOUTH FORTY SUB LOT 28
Census Tract760502
Assessed Land Value$35,301
Assessed Improvement Value$225,504
Assessment Year2025

About this property

This wonderful 3 bedroom 2 bath home is located in a great neighborhood! Boosts spacious living room with cozy fireplace, dining room with built in cabinet opens to the kitchen with extra cabinets and island bar for extra seating. The garage is converted into a spacious 550 sq ft game room (or 4th bedroom) with bar and window unit (both heat and cools) Room could easily be converted to a garage. Roof is less than 3 years old and primary bedroom has walk-in closet. Includes a very nice spacious backyard completely fenced with a Tuff Shed storage building for lawn equipment and tools. Call to view your private showing of this very special home!

Investor Tools

Property Icon
$389,000
Estimated Property Value
$205,446Estimated Mortgage Balance
$183,554Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$443,083
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,018
$260,805
2025
$35,301
$225,504
$260,805
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,018
$260,805

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Fha
$225,834
Yes
First
Aug 11, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,446
$180,554
46%
53%
$1,354/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Bellville

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118 Meadow Dr | Property Details | No Agent List