11500 Meadow Lane #4, Houston, Texas 77477
$433,000
2 Beds
1 Full Bath
Multi-Family
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About 11500 Meadow Lane #4
Income-producing Stafford 4-plex generating 47K+ annually in current rent, with potential for future growth. Four spacious approximately 1,000 SF, 2-bedroom units feature private patios/balconies, fireplaces, and in-unit laundry. A recently updated unit has been leased at a higher rent, with only one unit remaining in need of updates, offering additional value-add potential. Improvements include foundation repairs completed in 2024 with a lifetime transferable warranty, plus more than 50K in remodeling, repairs, and new A/C systems. The monthly HOA covers exterior maintenance, common grounds, water, sewer, landscaping, and trash service, simplifying ownership. Property qualifies for Section 8 housing, expanding the potential tenant pool. A maintained roof and substantial completed improvements further support this established rental investment. Contact for financials and additional details.
Highlights
11500 Meadow Lane #4
$433,000
Multi-Family
3,968 Home Sq Ft
Houston 77477
2 Beds
1 Full Bath
8,810 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
114-071-007-0009
Tax Rate
2.2541%
Taxes w/o Exemption/Yr
$10,870 / 2025
Maint Fee
Yes / $620 Monthly
Maintenance Includes
Common Grounds, Exterior Building, Garbage Service, Water and Sewer
Interior Features
Fireplace
No
Floors
Carpet, Tile, Vinyl
Heating
Natural Gas
Cooling
Ceiling Fan(s), Electric
Appliances
Dishwasher, Disposal, Range, Refrigerator
Dishwasher
Yes
Range
Yes
Disposal
Yes
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Exterior Type
Brick, Wood Siding
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
CENTURY 21 Western Realty, Inc
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Cummings Elem | Elementary | 4 of 10 |
| Holub Middle | Middle | 3 of 10 |
| Aisd Draw | High | None of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
