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37Days on Market

1view

$150,000

12639 Ashford Meadow Drive E-F, Houston, TX, 77082

$195,000 ARV

On Market

3 Beds

2 Bath

2,192 Sq Ft

Condos / Townhouses

$68.43 / sqft

Built in 1981

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size6,003 sqft

Building Information

Year Built1982

Stories1

Garage Spaces2

Land Information

APN1144460050069

Lot Number69

SubdivisionAshford Park

Land UseResidential

Legal DescriptionLT 69 BLK 5 ASHFORD PARK SEC 4

Census Tract452001

Assessed Land Value$56,100

Assessed Improvement Value$179,136

Assessment Year2025

About this property

Unlock the potential of this rare value-add duplex with immediate equity and strong cash-flow potential. Priced below market and appraisal value, this investment is ready for your vision. Both 2-bedroom, 2-bathroom units have been recently vacated, allowing you to renovate, lease at market rents, and maximize returns. One unit needs only final touches to be rent-ready, while the second requires only light renovations. Estimated rental income is up to $3,000 per month. Previously rented through Section 8, both units remain Section 8 approved. HOA covers water, sewer, landscaping, exterior maintenance, roof, foundation, insurance, common areas, and more. Located in a high-demand rental area with excellent appreciation potential. Sold As-Is. Se Habla Español.

Investor Tools

$235,236

Estimated Property Value

$0Estimated Mortgage Balance

$138,266Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$195,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,411 /month

Positive

Cash Flow Estimate:

$470 /month

Interested in this property?

Sirley Ortega

Ortega Realty & Associates

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$346/month

$720/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,972

$235,236

2025

$56,100

$179,136

$235,236

Tax History

Year

Tax Paid

Assessed Value

2024

$2,972

$235,236

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Stearns Lending Llc

Conventional

$115,000

First

Sep 24, 2018

Oct 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$96,970

$138,266

58%

41%

$690/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,410/mo

+$550/mo

10.0%

Learn About the Market: Opportunity in Houston

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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.

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