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$278,000

NAL Estimated Property Value

484 Rainy Meadow Ln, Houston, TX, 77013

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,510 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.36 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Gas Range, Dishwasher, Refrigerator
FlooringLaminate

Exterior

Lot Size10,851 sqft

Building Information

Year Built1965
Stories1
Garage Spaces3

Land Information

APN0971310000026
Lot Number26
SubdivisionSongwood
Land UseResidential
Legal DescriptionLT 26 BLK 11 SONGWOOD SEC 5
Census Tract232600
Assessed Land Value$43,625
Assessed Improvement Value$160,280
Assessment Year2025

About this property

Welcome to 484 Rainy Meadow Lane. Beautifully updated 3 bedroom, 2 bath home centrally located in the Songwood Community. Every inch of this property has been updated with modern finishes and no detail was overlooked! A lush landscaped yard greets you as you pull into the newly extended driveway with plenty of parking. Modern black garage doors, front door and black metal roof give this home 100% Curb Appeal! All new appliances, new flooring throughout, new cabinets, new tankless water heater, new countertops, redesigned primary and secondary baths, new custom fence, new metal roof, new paint inside and out and a new custom fence. Seller added new sprinkler system, additional blow in insulation, all new electrical and lighting throughout the home including a new electrical box. Enjoy your large extended covered outdoor living space year round. Two multi purpose sheds outside for storage or workshop. This is a must see!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$0Estimated Mortgage Balance
$170,155Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
$20/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,180
$203,905
2025
$43,625
$160,280
$203,905
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,180
$203,905

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$263,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$20/mo
+$1,702/mo
7.4%

Learn About the Market: Opportunity in Houston

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Explore

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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484 Rainy Meadow Ln | Property Details | No Agent List