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$124,900

1218 Park Meadow Dr, Beaumont, TX, 77706

PendingInfo
Beds2 Beds
Baths1 Bath
Baths1,276 Sq Ft
price_per_sqft$97.88 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Range
FlooringCarpet, Tile

Exterior

Lot Size2,696 sqft

Building Information

Year Built1978
Stories2
Garage Spaces1

Land Information

APN049850-000-009000-00000
SubdivisionPark Meadows Townhouses
Land UseResidential
Legal DescriptionPARK MEADOWS TOWNHOUSES UNIT 9 BLDG B SEC 6 LAND = 36,050 SF X 7.48% = 2,697
Census Tract000309
Assessed Land Value$5,394
Assessed Improvement Value$101,300
Assessment Year2025

About this property

Enjoy the convenience of apartment living with the pride of homeownership! This well-maintained 2-bedroom, 1.5-bath condo is move-in ready and offers a comfortable, functional layout. Natural light fills the dining area through patio doors that open to your own private terrace—perfect for enjoying your morning coffee or relaxing after a long day. A convenient half bath and laundry area are located downstairs. Upstairs, you'll find two spacious bedrooms and a full bath, thoughtfully tucked away to provide added privacy. Whether you're a first-time buyer, looking to downsize, or searching for low-maintenance living, this charming condo is ready to welcome you home.

Investor Tools

$70,643Estimated Mortgage Balance
$38,531Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$749 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,430
$106,694
2025
$5,394
$101,300
$106,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,430
$106,694

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$85,806
Yes
First
Dec 11, 2017
Jan 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,643
$44,357
38%
65%
$515/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.

Explore Texas Explore This Area
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: Beaumont

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