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$358,000

NAL Estimated Property Value

8514 Deer Meadow Dr, Houston, TX, 77071

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,017 Sq Ft
price_per_sqft$133.86 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size4,861 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1136220000013
Lot Number13
SubdivisionFondren Sw
Land UseResidential
Legal DescriptionLT 13 BLK 3 FONDREN SW SOUTHMEADOW PATIO HOMES SEC 2
Census Tract423402
Assessed Land Value$37,440
Assessed Improvement Value$243,666
Assessment Year2025

About this property

Exceptional opportunity in Southmeadow! This beautifully renovated 4-bedroom, 3-bath residence is tucked away on a quiet cul-de-sac and showcases a rare private pool at this price point. The thoughtful floor plan offers two bedrooms downstairs, including a spacious primary suite, while updates throughout include travertine flooring, granite countertops, fresh siding, and a recent roof. Combining style, comfort, and convenience, this move-in ready home is a standout. Don’t miss the chance to secure your new home! Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.

Investor Tools

Property Icon
$358,000
Estimated Property Value
$186,861Estimated Mortgage Balance
$171,139Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,845
$281,106
2025
$37,440
$243,666
$281,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,845
$281,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Fha
$206,196
Yes
First
Jun 15, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,861
$110,139
37%
52%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,562/mo
+$664/mo
7.5%

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.

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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8514 Deer Meadow Dr | Property Details | No Agent List