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B+
NoAgentList RatingHow are grades calculated? Info

$302,000

2934 Meandering Elm Trl, Houston, TX, 77045

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.35 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,973 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1503030010018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 1 BAYOU OAKS AT WEST OREM SEC 9
Census Tract330500
Assessed Land Value$54,402
Assessed Improvement Value$243,677
Assessment Year2025

About this property

Welcome home to where the city meets the suburbs! This beautiful home offers an array of luxurious features, open floor plan and spacious designs! The exterior has beautiful stone accents. This 1 story has all the space you need, without the hassle of stairs! The kitchen offers a lowered bar top for additional seating, center island for extra prep space and beautiful quartz countertops. The kitchen has attached dining space and open view to the family room, for entertaining. The owner's suite features sloped ceilings, attached bath and walk-in closet. The owner's bath includes a separate soaker tub and shower with dual sinks. The two secondary bedrooms have walk-in closets & a shared bath. Relax outside under your covered patio. Bayou Oaks at West Orem is a beautiful, gated community conveniently located near the 610 Loop, Hwy 288, Alt 90 and is between Pearland and the Medical Center. Offered By: K. Hovnanian Houston Bayou Oaks at West Orem, LLC. Call to see this gorgeous home!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$261,250Estimated Mortgage Balance
$66,626Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$610/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,468
$298,079
2025
$54,402
$243,677
$298,079
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,468
$298,079

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K Hovnanian American Mortgage Llc
Conventional
$261,250
No
First
Mar 8, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,374
$71,626
23%
78%
$1,567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,177/mo
$-455/mo
6.8%

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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2934 Meandering Elm Trl | Property Details | No Agent List