1Days on Market

4view

$249,000

6520 Gillock Meadow Ln, Houston, TX, 77048

On Market

Just Added

4 Beds

3 Bath

1,709 Sq Ft

Single Family Residence

$145.7 / sqft

Built in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesGas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Vinyl Plank

Exterior

Lot Size3,851 sqft

Building Information

Year Built2021

Garage Spaces1

Land Information

APN1411240010090

Lot Number90

Land UseResidential

Legal DescriptionLT 90 BLK 1 SOUTH MEADOW PLACE SEC 3

Census Tract330801

Assessed Land Value$33,707

Assessed Improvement Value$220,755

Assessment Year2025

About this property

Discover the comfort and convenience of this beautiful two-story home in South Meadow Place. Featuring an open-concept living space, a spacious kitchen, and a thoughtful floor plan designed for modern living, this home offers plenty of room to spread out and make it your own. The primary suite offers a private retreat with a generous walk-in closet, while the additional bedrooms provide flexibility for family, guests, or a home office. Step outside to the fenced backyard, perfect for relaxing or entertaining. With an attached two-car garage and convenient access to Beltway 8 and major Houston destinations, this home offers both comfort and convenience in a desirable location.

Investor Tools

$270,000

Estimated Property Value

$210,211Estimated Mortgage Balance

$0Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,620 /month

Positive

Cash Flow Estimate:

$540 /month

Interested in this property?

Maggie Castillo

Realty Of America, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$379/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,194

$254,462

2025

$33,707

$220,755

$254,462

Tax History

Year

Tax Paid

Assessed Value

2024

$3,194

$254,462

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Colina Mortgage Group Llc

Stand Alone Second / Subordinate Position

$210,211

First

Dec 30, 2021

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$383,924

N/A

142%

$2,522/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$3,022/mo

$-796/mo

9.9%

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.

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