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$342,000

NAL Estimated Property Value

11934 Meadow Place Drive, Houston, TX, 77071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,679 Sq Ft
price_per_sqft$130.27 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size5,889 sqft

Building Information

Year Built1993
Garage Spaces1

Land Information

APN1157960040001
Lot Number1
SubdivisionWest Fondren Place
Land UseResidential
Legal DescriptionLT 1 BLK 4 WEST FONDREN PLACE SEC 2
Census Tract423402
Assessed Land Value$51,183
Assessed Improvement Value$273,166
Assessment Year2025

About this property

Location!! Welcome to charming Home In WEST FONDREN.This beautiful two story, four-bedroom 2 and half bathroom home is what you’ve been searching for. Subdivision located in an establishment neighborhood. The house is close to the Main Street 59 Freeway which is a busy area. Home with fully upgraded light fixtures, luxury vinyl flooring, fresh interior paint, beautiful kitchen backsplash and Granite Countertops makes it look Modern, Cozy and Unique. No foundation issues . NEW AC, ROOF, no flood zone. Cover patios backyard. Closed to Bellaire and China town. Beltway 8 and Highway 59 and Highway 90 just 16 Minutes to the Downtown Houston and Medical Center, 10 Mins to the West University Place, 15 minutes To The Galleria Shopping Mall Center. The solar panel already paid off so it could save a lot of energy and include all the furniture that you could do on Airbnb. There's a full booking for Airbnb that has proof for the income. There's a rare chance for. it won't last long!!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$229,445Estimated Mortgage Balance
$112,555Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
$310/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,787
$324,349
2025
$51,183
$273,166
$324,349
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,787
$324,349

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$235,000
No
First
Jan 28, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,445
$112,555
32%
67%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,719/mo
+$507/mo
7.8%

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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11934 Meadow Place Drive | Property Details | No Agent List