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$260,000

206 Meadowridge Dr, Houston, TX, 77037

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,801 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.36 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl Plank

Exterior

Lot Size6,482 sqft

Building Information

Year Built1965
Stories1

Land Information

APN0963620000002
Lot Number2
SubdivisionBellmar Terrace
Land UseResidential
Legal DescriptionLT 2 BLK 1 BELLMAR TERRACE
Census Tract221602
Assessed Land Value$60,102
Assessed Improvement Value$129,213
Assessment Year2025

About this property

Gather, entertain, and unwind with a beautifully remodeled kitchen, expansive living room, and backyard designed for cookouts! The kitchen shines with quartz countertops, a waterfall edge, new cabinetry, decorative backsplash, updated sink, pantry, and lighting, completed June 2024. A custom coffee bar with floating wood shelves and a wine cooler creates a spot for morning coffee or evening refreshments. LVP flooring installed June 2024 ties the spaces together. A separate receiving area and dining room offer flexibility for hosting, while the spacious living room accommodates oversized seating. Sliding barn doors conceal the laundry area. Retreat to the generous primary bedroom, or enjoy the versatility of a secondary bedroom currently used as an office with an attached half bath. Outside, a covered tile patio, separate grilling pavilion, fenced lawn, and storage shed extend the possibilities. Updated electrical panel boxes, breakers, and PEX plumbing. Come see it for yourself!

Investor Tools

$24,857Estimated Mortgage Balance
$192,143Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Matthew Guzman

RE/MAX Universal

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,687
$189,315
2025
$60,102
$129,213
$189,315
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,687
$189,315

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Stand Alone First / Home Equity First Lien
$72,800
No
First
Apr 17, 2015
May 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,857
$192,143
88%
11%
$578/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$578/mo
+$962/mo
8.5%

City: Houston

206 Meadowridge Dr | Property Details | No Agent List