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$326,000

NAL Estimated Property Value

12114 Meadow Place Dr, Houston, TX, 77071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,679 Sq Ft
price_per_sqft$123.18 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerMove-In Ready

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
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size4,369 sqft

Building Information

Year Built1993
Garage Spaces1

Land Information

APN1157960040013
Lot Number13
SubdivisionWest Fondren Place
Land UseResidential
Legal DescriptionLT 13 BLK 4 WEST FONDREN PLACE SEC 2
Census Tract423402
Assessed Land Value$46,418
Assessed Improvement Value$247,041
Assessment Year2025

About this property

Welcome to 12114 Meadow Place Dr, a beautifully remodeled two-story home offering modern comfort and style. Recent upgrades include a brand-new AC unit, new flooring throughout, updated bathrooms with new toilets and vanities, and a completely rebuilt kitchen with new cabinets, countertops, and finishes. The spacious layout is filled with natural light, making it both inviting and functional. Outside, enjoy a two-car garage, private driveway, and a ample backyard ideal for gatherings or relaxation. Conveniently located with easy access to major highways, this home provides a straightforward commute to Downtown Houston, the Medical Center, and the Galleria while offering the comfort of a quiet residential neighborhood. Move-in ready and fully updated, this property is a rare find.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$311,926Estimated Mortgage Balance
$14,074Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,930
$293,459
2025
$46,418
$247,041
$293,459
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,930
$293,459

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$314,204
Yes
First
Dec 3, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,926
$5,074
1%
96%
$1,884/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,184/mo
+$42/mo
8.2%

City: Houston

12114 Meadow Place Dr | Property Details | No Agent List