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$222,000

NAL Estimated Property Value

2992 Meadowgrass Ln # 19-191, Houston, TX, 77082

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,835 Sq Ft
price_per_sqft$106.27 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesCourtyard
Lot Size3,903 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1141220220001
SubdivisionWestwind T/H
Land UseResidential
Legal DescriptionUNIT 191 BLDG 19 WESTWIND T/H SEC 2
Census Tract451700
Assessed Land Value$38,709
Assessed Improvement Value$165,707
Assessment Year2025

About this property

Nice and bright corner unit two story townhome in Westwind. Spacious living room with cozy fireplace, ideal to spend warm moments with family and friends. High ceilings, spacious, open & bright floor plan design with a lot of windows. French doors lead to delightful facing back porch/patio. All bedrooms and game room area are upstairs. Primary Suite with walk-in closet, Huge garage with an extra space for storage or an office. Great location, conveniently located facing Richmond Av., and walking distance to grocery stores. Easy access to restaurants, HWY6, Westpark Tollway, I-10, Energy Corridor and more.

Investor Tools

Property Icon
$222,000
Estimated Property Value
$165,816Estimated Mortgage Balance
$56,184Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,317
$204,416
2025
$38,709
$165,707
$204,416
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,317
$204,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$175,750
No
First
Feb 1, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,816
$56,184
25%
75%
$1,081/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,311/mo
+$649/mo
10.6%

Learn About the Market: Opportunity in Houston

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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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2992 Meadowgrass Ln # 19-191 | Property Details | No Agent List