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$291,040

NAL Estimated Property Value

2723 Meandering Elm Trl, Houston, TX, 77045

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,673 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.26 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Lot Size5,475 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1396230020012
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 2 BAYOU OAKS AT WEST OREM SEC 6
Census Tract330500
Assessed Land Value$50,483
Assessed Improvement Value$240,557
Assessment Year2025

About this property

Welcome to 2723 Meandering Elm Trail in the desirable Bayou Oak subdivision! This beautifully maintained 3-bedroom, 2-bath home offers comfort, functionality, and a prime location near the Medical Center. Step inside to an open-concept kitchen and family room — perfect for entertaining or everyday living. The kitchen features stainless steel appliances, ample counter space, abundant storage, and a cozy breakfast bar for casual dining. The spacious primary suite provides a relaxing retreat with double vanities, a separate shower, and generous bedroom space. Two additional bedrooms offer flexibility for a home office, guest room, or children’s rooms. Enjoy outdoor living with a fully fenced backyard and private driveway with additional front yard space. Schedule your private tour today — this one won’t last long!

Investor Tools

Property Icon
$291,040
Estimated Property Value
$0Estimated Mortgage Balance
$5,302Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$781/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,031
$291,040
2025
$50,483
$240,557
$291,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,031
$291,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$297,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$781/mo
+$941/mo
7.1%

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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2723 Meandering Elm Trl | Property Details | No Agent List