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$394,000

NAL Estimated Property Value

17639 Prospect Meadows Drive, Houston, TX, 77095

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,131 Sq Ft
price_per_sqft$114.98 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High EquityMove-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
AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,533 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1246280010010
Lot Number10
SubdivisionCanyon Lakes Village Amend
Land UseResidential
Legal DescriptionLT 10 BLK 1 CANYON LAKES VILLAGE SEC 3 AMEND
Census Tract541006
Assessed Land Value$69,472
Assessed Improvement Value$298,231
Assessment Year2025

About this property

Beautifully updated home located in highly sought-after Cy-Fair ISD! This spacious property offers a versatile floor plan with the primary suite located on the first floor, featuring a renovated bathroom with double sinks, a soaking tub, and a separate shower. Upstairs includes three additional bedrooms, a game room, and secondary baths with separate showers. The home features multiple living spaces including a formal dining room, breakfast area, family room, and a dedicated home office/study. The open-concept kitchen flows seamlessly into the family room and is equipped with a pantry, pots and pans drawers, and soft-closing cabinetry. Recent updates include new flooring in the living room, primary bedroom, and closet, a beautifully renovated fireplace, and numerous additional improvements (see attached for full list). This home combines comfort, functionality, and is in a prime location close to 290 and Towne Lake Center for dining, shopping, and entertainment.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$114,236Estimated Mortgage Balance
$279,764Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
$1,290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,040
$367,703
2025
$69,472
$298,231
$367,703
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,040
$367,703

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ditech Financial Llc
Conventional
$140,500
No
First
Jul 19, 2017
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,236
$279,764
71%
29%
$843/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,133/mo
+$507/mo
8.0%

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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17639 Prospect Meadows Drive | Property Details | No Agent List