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$223,000

NAL Estimated Property Value

2952 Meadowgrass Lane 173, Houston, TX, 77082

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,835 Sq Ft
price_per_sqft$119.62 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Electric Cooktop, Dishwasher

Exterior

Lot Size3,903 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1141220200003
SubdivisionWestwind T/H
Land UseResidential
Legal DescriptionUNIT 173 BLDG 17 WESTWIND T/H SEC 2
Census Tract451700
Assessed Land Value$38,709
Assessed Improvement Value$165,707
Assessment Year2025

About this property

Welcome to this updated 3-bedroom townhome in the desirable westwind community! This inviting home features fresh paint, new flooring, and thoughtful updates throughout, giving it a clean and modern feel. The open-concept kitchen flows seamlessly into the living area, highlighted by high ceilings and plenty of natural light. Two beautiful full bathrooms add style and comfort, while the flexible layout offers space for a third bedroom, home office, or game room. Step outside to enjoy your 2 small private yards, perfect for relaxing or entertaining. Conveniently located just minutes from major shopping like T.J. Maxx, HomeGoods, Target, Home Depot, and Walmart, and only 8 minutes from the vibrant Asian Town Center and Chinatown. Residents also enjoy a community playground and quick access to Eldridge Park, just 3 minutes away—ideal for outdoor exercise, walks, or unwinding after a long day.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$33,025Estimated Mortgage Balance
$189,975Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$101/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$92
$204,416
2025
$38,709
$165,707
$204,416
No

Tax History

Year
Tax Paid
Assessed Value
2024
$92
$204,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Members Choice Cu
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$72,000
No
First
Jan 17, 2006
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,025
$189,975
85%
15%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$250/mo
+$1,710/mo
10.5%

City: Houston