$340,000
NAL Estimated Property Value11807 Dorrance Ln, Meadows Place, TX, 77477
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size8,127 sqft
Building Information
Year Built1972
Stories2
Roof Type105
Garage Spaces2
Land Information
APN4950-02-012-0500-907
Lot Number5
SubdivisionMeadows Sec 2
Land UseResidential
Legal DescriptionTHE MEADOWS SEC 2, BLOCK 12, LOT 5
Census Tract671900
Assessed Land Value$40,950
Assessed Improvement Value$206,058
Assessment Year2025
About this property
An entertainer's dream! Beautiful 3 bedroom, 2 1/2 bathroom home with two living areas and an open dining/breakfast area. Soaring ceilings in living/dining with unique touches throughout. Open kitchen with plenty of storage space, a double convection oven, granite countertops, and a coffee bar area. Large upstairs master with ensuite bath and two closets! Walking distance to pool, community center, nature/discovery center, parks, and Meadows Elementary. Wonderful Fort Bend ISD schools, no HOA/MUD/LID, low taxes, and an incredible small-town feel.
Investor Tools
$340,000
Estimated Property Value
$234,615Estimated Mortgage Balance
$105,385Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,830
$247,008
2025
$40,950
$206,058
$247,008
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,830
$247,008
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dmd Financial Corp
Conventional
$253,600
No
First
May 26, 2022
Jun 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,615
$92,385
28%
69%
$1,521/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,521/mo
+$549/mo
7.3%
