$255,000
2338 Summit Meadow Drive, Houston, TX, 77489
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesGas Oven, Gas Range, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size6,097 sqft
Building Information
Year Built2005
Stories2
Roof Type105
Garage Spaces2
Land Information
APN4963-01-002-0190-907
Lot Number19
SubdivisionMeadow Crest Sec 1
Land UseResidential
Legal DescriptionMEADOW CREST SEC 1, BLOCK 2, LOT 19
Census Tract670604
Assessed Land Value$45,864
Assessed Improvement Value$212,714
Assessment Year2025
About this property
Discover the new update this charming home offers including recently replaced AC & roof as well as freshly repainted kitchen cabinets. This cozy 3 bedroom 2.5 bathroom home features an ideal mix of living spaces on the main level with all bedrooms and game room on 2nd floor. Enjoy the open floor plan encompassing the den with wood burning fireplace, dining and kitchen areas, great for hosting guests. Situated on a peaceful cul-de-sac with easy access to Beltway 8 & Texas Parkway. Transferrable Lifetime foundation warranty included!
Investor Tools
$0Estimated Mortgage Balance
$258,578Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,551 /month
Positive
Cash Flow Estimate:
$517 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
$325/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,824
$258,578
2025
$45,864
$212,714
$258,578
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,824
$258,578
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$258,578
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$325/mo
+$1,865/mo
10.2%
