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Owner Contacts

$223,000

1915 Ash Meadow Dr, Houston, TX, 77090

Off Market

3 Beds

2 Bath

1,852 Sq Ft

Single Family Residence

$129.05 / sqft

Built in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher, Dryer, Washer

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,001 sqft

Building Information

Year Built1978

Stories1

Garage Spaces2

Land Information

APN1114010000008

Lot Number8

SubdivisionPonderosa Forest

Land UseResidential

Legal DescriptionLT 8 BLK 2 PONDEROSA FOREST SEC 9

Census Tract553102

Assessed Land Value$42,000

Assessed Improvement Value$169,457

Assessment Year2025

About this property

Wonderful single-story ranch home with open concept living, vaulted ceilings, low-maintenance back yard with oversized patio, energy efficient doors and windows, tons of interior storage plus an exterior Tuff Shed measuring 6 x 8. The home offers abundant natural light, split Bedroom layout and a great floorplan for entertaining. The Homeowner made a lot of critical mechanical upgrades including; 2019 Carrier HVAC and ductwork, 2019 GE Electrical Panel, 2015 Rheem 40-Gallon NG Water Heater, 2019 Garage Door Opener, 2020 Garage Door, 2020 Luxury Vinyl Tile in living areas and 2023 plush carpet in Primary Bedroom. Schedule a tour, fall in love and make 1915 Ash Meadow Drive your next home!

Investor Tools

$223,000

Estimated Property Value

$0Estimated Mortgage Balance

$223,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,434 /month

Positive

Cash Flow Estimate:

$478 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$251/month

$480/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,901

$211,457

2025

$42,000

$169,457

$211,457

Tax History

Year

Tax Paid

Assessed Value

2024

$1,901

$211,457

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$250,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,790/mo

$480/mo

+$1,310/mo

9.6%

Learn About the Market: Opportunity in Houston

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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.

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