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$320,000

427 Fern Meadow Dr, Missouri City, TX, 77459

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.41 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesSide Yard, Sprinkler System
Lot Size11,387 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5717-03-002-0010-907
Lot Number1
SubdivisionOyster Creek Village @ Lake Olympia Sec
Land UseResidential
Legal DescriptionOYSTER CREEK VILLAGE @ LAKE OLYMPIA SEC 3, BLOCK 2, LOT 1
Census Tract670904
Assessed Land Value$51,189
Assessed Improvement Value$243,400
Assessment Year2026

About this property

*Open House Sunday, 1-3*Welcome to this pristine single-story home on a quiet cul-de-sac corner lot in Oyster Creek Village at Lake Olympia! Boasting 2,279 sq ft, 4 bedrooms, 2 baths, and a 2-car detached garage, this residence features stunning pond views right from your living, dining, and breakfast rooms. Freshly updated in June 2026, the interior showcases brand-new wood laminate flooring throughout bedrooms, closets, and formal living, alongside fresh neutral paint on all walls, doors, trim, and kitchen cabinets. The chef's kitchen offers a GE 5-burner gas stove and a new garbage disposal, while both bathrooms boast new vanities, new commodes, and fresh paint. Key system upgrades include a roof (2018), HVAC (2022 w/ warranty through April 2027), new garage door opener, and new back/side doors. Outside, enjoy a serene backyard bordering a quiet park, full irrigation system, and a mature, fruit-bearing Meyer lemon tree. Close to Fort Bend Tollway, shopping, and 7 neighborhood lakes!

Investor Tools

$7,734Estimated Mortgage Balance
$452,266Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

Interested in this property?

Ryan Adams

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
$968/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,209
$294,589
2026
$51,189
$243,400
$294,589
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,209
$294,589

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Merrill Lynch Credit Corp
N/A
$80,000
N/A
First
Jun 3, 1998
Jun 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,734
$452,266
98%
2%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$968/mo
+$1,612/mo
6.7%

City: Missouri City

427 Fern Meadow Dr | Property Details | No Agent List