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$309,000

1519 Ash Meadow Dr, Houston, TX, 77090

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.67 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size9,696 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1001580000012
Lot Number12
SubdivisionPonderosa Forest
Land UseResidential
Legal DescriptionLT 12 BLK 2 PONDEROSA FOREST SEC 1
Census Tract553102
Assessed Land Value$55,688
Assessed Improvement Value$231,558
Assessment Year2025

About this property

NEVER FLOODED! Welcome home to the great community of Ponderosa Forest! 4 Bedrooms, 2.5 Baths, detached two-car garage, and pool! All the bathrooms have been updated. New carpet upstairs and wood-looking tile floors downstairs, and freshly painted. The den is large enough for a pool table, and it will stay if you want it. The dining room is open to the very spacious living area with a gas fireplace and wet/wine bar. Wall of windows looking out to the backyard with pool and decking and stone patio, making your home light and bright. New roof and AC replaced in 2017.

Investor Tools

Property Icon
$309,000
Estimated Property Value
$287,693Estimated Mortgage Balance
$29,950Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
$497/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,310
$287,246
2025
$55,688
$231,558
$287,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,310
$287,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Fha
$287,693
Yes
First
Mar 22, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,050
$18,950
6%
90%
$1,812/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$2,309/mo
+$11/mo
9.0%

Learn About the Market: Opportunity in Houston

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Explore

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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1519 Ash Meadow Dr | Property Details | No Agent List