0Days on Market

4view

$275,000

4055 Champlain Way, Iowa Colony, TX, 77583

On Market

Just Added

3 Beds

3 Bath

1,843 Sq Ft

$149.21 / sqft

Built in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 1

Garage Available

Heating Electric

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size3,219 sqft

Building Information

Year Built2021

Stories2

Roof Type105

Garage Spaces1

Land Information

APN6574-8113-014

Lot Number14

SubdivisionMeridiana Sec 81a

Land UseResidential

Legal DescriptionMERIDIANA SEC 81A (A0287 & A0513) (IOWA COLONY) BLK 3 LOT 14

Census Tract661800

Assessed Land Value$49,690

Assessed Improvement Value$208,540

Assessment Year2025

About this property

Assumable FHA loan at 3.125% for qualified owner-occupant buyers — a rare edge in today's market. Welcome to 4055 Champlain Way, a like-new 2021 two-story in Meridiana, one of the top-selling master-planned communities south of Houston. This 3-bed, 2.5-bath, 1,843 sqft home offers a smart layout that lives larger than its footprint. The open-concept main floor features a kitchen with a gas cooktop flowing into a bright living space built for everyday life and entertaining. Upstairs, the private primary suite is tucked away for quiet, with two additional bedrooms completing the second floor. Enjoy Meridiana's resort-style amenities: wave pool, lazy river, pools, fitness center, café, amphitheater, plus miles of trails and lakes. Zoned to highly rated Alvin ISD with on-site Meridiana Elementary. Just off Hwy 288 — minutes to Pearland, easy drive to the Medical Center. Buyer must qualify with lender & cover equity gap. Book your showing today!

Investor Tools

$241,029Estimated Mortgage Balance

$73,971Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,890 /month

Positive

Cash Flow Estimate:

$630 /month

Interested in this property?

Bill Bexley

eXp Realty LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$657/month

$1,300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,308

$258,230

2025

$49,690

$208,540

$258,230

Tax History

Year

Tax Paid

Assessed Value

2024

$6,308

$258,230

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Security National Mortgage Co

Fha

$253,326

Yes

First

Sep 3, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$241,029

$73,971

23%

77%

$1,595/mo

Learn About the Market: Opportunity in Texas

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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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