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$109,900

987 Sunmeadow Dr, Beaumont, TX, 77706

$118,841 ARVInfo
PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,305 Sq Ft
price_per_sqft$84.21 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Convection Oven, Disposal
FlooringLaminate, Tile

Exterior

Lot Size3,354 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN049850-000-031500-00000
SubdivisionPark Meadows Townhouses
Land UseResidential
Legal DescriptionPARK MEADOWS TOWNHOUSES UNIT 19 BLDG D SEC 22 LAND = 67,104 SF X 5.00% = 3,355
Census Tract000309
Assessed Land Value$6,710
Assessed Improvement Value$129,622
Assessment Year2025

About this property

Tons of potential in this 2-story end unit, 2 Bedroom 2 1/2 Bath Condo with a 2 car Garage. Each Bedroom, (both upstairs) include their own private full Bathroom, perfect for a roommate situation, if considering adding this one to your Rental portfolio. Living Room is spacious & features a mock fireplace; it may function, but has not been used for many years. (Buyer would need to verify). Kitchen has roomy pantry, and offers a stainless steel appliance package, including convection oven. There is also a convenient 1/2 Bathroom downstairs, perfect for guests. Utility Room is located near the Kitchen, as well. HVAC system was replaced in 2023. The Monthly HOA fee is only $78, and covers private trash pick-up, lawn maintenance, roof repairs or replacement, exterior maintenance (approved by the Board), and upkeep of the common areas. The Blanket (exterior) Policy for this unit is approximately $1,800/year & is billed directly to the Owner, each year at Renewal.

Investor Tools

$22,123Estimated Mortgage Balance
$114,673Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$118,840
Rent-to-Value Ratio: 0.72%
Rent Estimate
$818 /month
Positive
Cash Flow Estimate:
$273 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,954
$136,332
2025
$6,710
$129,622
$136,332
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,954
$136,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Unknown
$64,000
No
First
May 7, 2003
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,123
$124,877
84%
16%
$0/mo

City: Beaumont

987 Sunmeadow Dr | Property Details | No Agent List