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Owner Contacts

$483,529

NAL Estimated Property Value

12215 Meadow Lake Drive, Houston, TX, 77077

Off Market

3 Beds

3 Bath

2,286 Sq Ft

Single Family Residence

$203.37 / sqft

Built in 1980

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dishwasher, Oven

FlooringCarpet, Vinyl

Exterior

Lot Size8,050 sqft

Building Information

Year Built1980

Stories1

Garage Spaces2

Land Information

APN1118940000020

Lot Number20

SubdivisionShadowbriar

Land UseResidential

Legal DescriptionLT 20 BLK 7 SHADOWBRIAR SEC 1

Census Tract451301

Assessed Land Value$79,250

Assessed Improvement Value$404,279

Assessment Year2025

About this property

Multiple Offers. Highest and Best by noon, 2/5. BEAUTIFULLY UPGRADED HOME REIMAGINED BY MAVERICK DESIGNS, with 3 bedrooms and 2.5 bathrooms. ALL BATHROOMS have been UPGRADED with QUARTZ counter tops, new Pro Craft Shaker Karamel cabinets, NEW Delta fixtures in both bathrooms, AND ALL toilets replaced. The GOURMET KITCHEN has been UPGRADED with Shaker style white cabinets, QUARTZ counters, NEW stainless steel appliances and NEW CHIC BACK-SPLASH. The kitchen opens up to a very spacious breakfast area with wall of windows and plenty of natural light. LUXURY VINYL PLANK FLOORING continues throughout the main living areas. FRESH PAINT FULL INTERIOR AND EXTERIOR. UPGRADED 5 TON HVAC 14.3 GOODMAN condenser, gas furnace and box coil. NEW HOT WATER HEATER. THE UPGRADES ARE ENDLESS. Download our upgrade list from MLS attachments. Located conveniently in the Energy Corridor with easy access to The Beltway, I-10 and Highway 6. Minutes away from trendy restaurants, recreation and shopping.

Investor Tools

$483,529

Estimated Property Value

$401,494Estimated Mortgage Balance

$82,035Estimated Equity

16% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,901 /month

Positive

Cash Flow Estimate:

$967 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$702/month

$625/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,006

$483,529

2025

$79,250

$404,279

$483,529

Tax History

Year

Tax Paid

Assessed Value

2024

$6,006

$483,529

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Right Start Mortgage Inc

Conventional

$418,500

First

Feb 29, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$401,494

$82,035

16%

83%

$2,510/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$3,135/mo

$-905/mo

5.5%

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