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$450,000 USD
11500 Meadow Lane Unit 4
Houston, Texas 77477
USA
Houston, Texas 77477
USA
92.9 m2 ::
1,000 sqft
2 bedrooms
1 full bath
Residential For Sale, Multi-Family (2-4 Units)
Land size: 818 m2 ::
8,810 sqft
Sale price per sqm: 4,843.76
Remarks:
Well-maintained 4-plex in the Stafford submarket offering stable in-place income with strong upside potential. Currently generating $45,600/year with value-add opportunity as rents trend toward market rates. This asset features four spacious ~1,000 SF 2-bedroom units with desirable layouts, private outdoor spaces, fireplaces, and in-unit laundry—driving consistent tenant demand. Recent capital improvements, including 2024 foundation repair with transferable warranty, multiple HVAC updates, and a maintained roof, help reduce near-term expenses. Two long-term tenants provide stability, while below-market rents allow for future growth. Property also qualifies for Section 8 housing, expanding tenant pool and income reliability. HOA covers key expenses for simplified ownership. Contact for financials and additional details.
Features:
- Rooms: 2
- Year Built: 1983
- Number of Levels: 2
- Style: Traditional
Location:
11500 Meadow Lane Unit 4, Houston, Texas 77477, USA
Listed By CENTURY 21 Western Realty
The Residential For Sale, Multi-Family (2-4 Units) located at 11500 Meadow Lane Unit 4, Houston, Texas 77477, USA is currently for sale. 11500 Meadow Lane Unit 4, Houston, Texas 77477, USA is listed for $450,000 USD. This property has 2 bedrooms, 1 full bath and 1,000 sqft. If the property located at 11500 Meadow Lane Unit 4, Houston, Texas 77477, USA isn't what you're looking for, search Texas Real Estate to see other Homes For Sale in Houston.
