$245,000
13308 Colby Meadow Dr, Houston, TX, 77048
$257,668 ARV
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate
Exterior
Lot Size3,851 sqft
Building Information
Year Built2020
Garage Spaces1
Land Information
APN1503720040032
Lot Number32
Land UseResidential
Legal DescriptionLT 32 BLK 4 SOUTH MEADOW PLACE SEC 2
Census Tract330801
Assessed Land Value$33,707
Assessed Improvement Value$225,282
Assessment Year2025
About this property
Step right into a home that instantly feels like yours. Built in 2020, this bright, open-concept space is designed for real life, whether you're hosting friends for the evening or just unwinding after a long day. The kitchen flows right into the main living areas with warm modern flooring and easy workspace, making it the natural heart of the house. Upstairs, the rooms give everyone their own breathing room, capped off by a massive primary, ready for a proper king-size setup and a quiet corner to decompress.
Investor Tools
$230,320Estimated Mortgage Balance
$28,669Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$257,667
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
$500/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,404
$258,989
2025
$33,707
$225,282
$258,989
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,404
$258,989
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$207,178
Yes
First
Dec 31, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,320
$28,669
11%
89%
$1,545/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,045/mo
$-323/mo
8.0%
