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$225,000

NAL Estimated Property Value

18515 Meadows Way Dr, Houston, TX, 77084

SoldInfo
7/13/26
Beds3 Beds
Baths2 Bath
Baths1,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.63 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile

Exterior

Lot Size8,137 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1144560040013
Lot Number13
SubdivisionWood Fern
Land UseResidential
Legal DescriptionLT 13 BLK 4 WOOD FERN SEC 1 R/P
Census Tract541902
Assessed Land Value$47,487
Assessed Improvement Value$133,370
Assessment Year2025

About this property

Updated patio home freshly painted and ready for move-in. Other updates include tile floors throughout, recent shaker style cabinetry faces in kitchen, granite counters, updated bathrooms, private patio, nice size yard, freshly painted, kitchen is open to the living area, high ceilings in the living room and lots of windows make this home light and bright. Quite community with gated private entrances. Side by side stainless refrigerator and stackable washer and dryer included.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$54,263Estimated Mortgage Balance
$170,737Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,320
$180,857
2025
$47,487
$133,370
$180,857
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,320
$180,857

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Lending Llc
Conventional
$71,250
No
First
Jul 22, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,263
$170,737
75%
24%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
N/A
+$2,040/mo
10.9%

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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18515 Meadows Way Dr | Property Details | No Agent List