$283,000
NAL Estimated Property Value22 Fairway Ln, Meadowlakes, TX, 78654
$302,479 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesBuilt-In Electric Range, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
FlooringLinoleum, Tile
Exterior
Lot Size4,082 sqft
Building Information
Year Built1980
Garage Spaces2
Land Information
APN30088
Lot Number198,R22
SubdivisionMeadowlakes
Land UseResidential
Legal DescriptionS6160 MEADOWLAKES LOT 198-R22, SEC 2
Census Tract960701
Assessed Land Value$34,680
Assessed Improvement Value$256,448
Assessment Year2025
About this property
Neat and Clean Townhome located adjacent to the #2 Tee Box of the Hidden Falls Golf Course. Small easy maintenance yard. Nice size Master Bedroom includes an updated Master Shower.. Since the past year, new Quartz Counter tops in the kitchen and breakfast bar. Entire interior painted. Removed old patio deck and replaced with concrete. New vinyl fence in the back yard. New Master Vanity. New kitchen sink and faucet. Replaced Electrical Panel with new Cutler Hammer Panel complete with breakers.
Investor Tools
$283,000
Estimated Property Value
$167,594Estimated Mortgage Balance
$115,406Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$302,478
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
$400/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,382
$269,902
2025
$34,680
$256,448
$291,128
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,382
$269,902
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$187,500
No
First
Nov 13, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,594
$142,406
45%
59%
$1,125/mo
