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Owner Contacts

$243,000

NAL Estimated Property Value

8611 Old Meadow Ln, Houston, TX, 77064

Off Market

3 Beds

2 Bath

1,488 Sq Ft

$172.04 / sqft

Built in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size6,900 sqft

Building Information

Year Built1975

Stories1

Garage Spaces2

Land Information

APN1060910000034

Lot Number34

SubdivisionWestbank

Land UseResidential

Legal DescriptionLT 34 BLK 10 WESTBANK SEC 1 R/P

Census Tract534102

Assessed Land Value$51,198

Assessed Improvement Value$183,133

Assessment Year2025

About this property

Welcome to the Westbank neighborhood to see this beautifully remodeled 3 bedroom, 2 bathroom home. With brand NEW roof and NEW air conditioning and furnace, you can bet on a comfortable living environment. NEW water heater, NEW modern LED light fixtures, NEW breaker box and the plumbing has also been redone and upgraded to PEX, providing peace of mind for years to come. The kitchen has been completely transformed with new stylish cabinets with soft close, new Stainless steel appliances, new quartz countertops and backsplash. The new water-proof floors throughout the home provide a fresh and clean aesthetic, while the freshly painted walls create a blank canvas for you to personalize and make it your own. Schedule your tour to see this gem today!

Investor Tools

$243,000

Estimated Property Value

$177,723Estimated Mortgage Balance

$65,277Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,536 /month

Positive

Cash Flow Estimate:

$512 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$228/month

$350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,518

$234,331

2025

$51,198

$183,133

$234,331

Tax History

Year

Tax Paid

Assessed Value

2024

$1,518

$234,331

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amwest Funding Corp

Conventional

$185,250

First

Feb 16, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$177,723

$69,277

28%

73%

$1,111/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,980/mo

$1,461/mo

+$519/mo

9.8%

Learn About the Market: Opportunity in Houston

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