$233,000
NAL Estimated Property Value8715 Meadowcroft Dr Unit 503, Houston, TX, 77063
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesGas Oven, Gas Range, Dryer, Washer, Dishwasher
Building Information
Year Built2006
Garage Spaces2
Land Information
APN1278950050003
SubdivisionContemporary West T/H Condo Amend
Land UseResidential
Legal DescriptionUNIT 503 BLDG 5 .0145 INT COMMON LAND & ELE CONTEMPORARY WEST T/H CONDO AMEND
Census Tract432101
Assessed Land Value$42,513
Assessed Improvement Value$181,238
Assessment Year2025
About this property
WELCOME TO 8715 MEADOWCROFT DRIVE #503, A GATED COMMUNITY WITH ELEGANCE. Enjoy this beautiful 3 story townhome with hardwood floors throughout the main living room and kitchen areas. High ceiling throughout the 2nd floor with a full guest bathroom convenient for guest. A large kitchen with stainless steel appliances and gas cooktop. Stunning vaulted high ceiling master bedroom with walk-in closet, built-in drawers, shelves, double sinks and separate bath and shower. Tandem 2 cars garage w/ plenty of storage space! This is a MUST see!
Investor Tools
$233,000
Estimated Property Value
$169,485Estimated Mortgage Balance
$63,515Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
$240/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,884
$223,751
2025
$42,513
$181,238
$223,751
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,884
$223,751
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$183,200
No
First
May 18, 2022
Jun 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,485
$63,515
27%
73%
$1,099/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$1,339/mo
+$161/mo
7.7%
