11500 Meadow Ln Unit 4, Houston, TX 77477
- $450,000
- 2
- BD
- 1
- BA
- 3,968
- SqFt
- List Price
- $450,000
- MLS#
- 7130463
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Style
- Fourplex
- Year Built
- 1983
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 3,968
- County
- Harris
- Area
- 28
- City
- Houston
- Subdivision
- Meadow Village
Property Description
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.
Additional Information
- Unexempt Taxes
- $10,870
- Lot Size
- 8,810
- Interior Features
- Ceiling Fans
- Flooring
- Carpet, Tile, Vinyl
- Roof
- Composition
- Stories
- 2
- School District
- Alief
- Elementary School
- Cummings Elementary School
- Middle School
- Holub Middle School
- High School
- Aisd Draw
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Listing courtesy of Erica Post from CENTURY 21 Western Realty, Inc. Contact: