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Owner Contacts

$236,000

NAL Estimated Property Value

4218 Richmeadow Drive, Houston, TX, 77048

Off Market

3 Beds

2 Bath

1,388 Sq Ft

$171.83 / sqft

Built in 2008

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dishwasher

FlooringVinyl

Exterior

Lot Size3,999 sqft

Building Information

Year Built2008

Garage Spaces2

Land Information

APN1276360010022

Lot Number22

SubdivisionAlmeda Meadows

Land UseResidential

Legal DescriptionLT 22 BLK 1 ALMEDA MEADOWS

Census Tract331603

Assessed Land Value$24,000

Assessed Improvement Value$125,408

Assessment Year2025

About this property

Beautifully updated and move-in ready! This home features fresh interior paint, brand-new LVP flooring, new baseboards, and new garage paint. The renovated kitchen offers new cabinets, countertops, appliances, and microwave with modern finishes. Both bathrooms have been updated, and LED lighting brightens the entire home. Exterior upgrades include a brand-new roof, newer siding, fresh paint, and a covered patio perfect for relaxing or entertaining. HVAC and AC system installed just 2 years ago for efficiency and comfort. Conveniently located near major employment areas, shopping, dining, and entertainment with easy access for commuting. A must-see home—bring your buyers! —it’s truly move-in ready! —this one won’t last long!

Investor Tools

$236,000

Estimated Property Value

$146,746Estimated Mortgage Balance

$89,254Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,431 /month

Positive

Cash Flow Estimate:

$477 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$291/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,310

$149,408

2025

$24,000

$125,408

$149,408

Tax History

Year

Tax Paid

Assessed Value

2024

$2,310

$149,408

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Boomerang Finance Sub Reit Llc

Unknown

$147,600

First

Feb 17, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$146,746

$89,254

37%

62%

$885/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$885/mo

+$837/mo

8.8%

Learn About the Market: Opportunity in Houston

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