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$348,000

NAL Estimated Property Value

3508 MEADOWS Drive S, Forest Hill, TX, 76140

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,286 Sq Ft
price_per_sqft$150.91 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal
FlooringLaminate

Exterior

Lot Size7,248 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN14219-2-14
Lot Number14
SubdivisionForest Meadows Addition
Land UseResidential
Legal DescriptionFOREST MEADOWS ADDITION BLOCK 2 LOT 14
Census Tract111102
Assessed Land Value$42,250
Assessed Improvement Value$278,661
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY TUESDAY, APRIL 19 AT 3PM.Gorgeous 3 bedroom 2.5 bathroom home located in Forest Meadows community. Beautiful laminate flooring throughout the house. Open floor plan with living room connecting to the kitchen featured granite countertops, 52’’ cabinet. Oversized Master bedroom with four windows adding a lot of natural lights. The primary ensuite bath has dual sinks, granite counters, a standing shower, and a massage tub. Walk-in laundry room with plenty of space. Good size backyard is perfect for family outdoors and entertainment. Convenient access to tons of recreational amenities, schools, dining, and shopping! This is a must-see!

Investor Tools

Property Icon
$348,000
Estimated Property Value
$329,580Estimated Mortgage Balance
$18,420Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,568
$320,911
2025
$42,250
$278,661
$320,911
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,568
$320,911

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$356,250
No
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,580
$18,420
5%
95%
$2,136/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Forest Hill

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3508 MEADOWS Drive S | Property Details | No Agent List