11500 Meadow Lane #4, Houston, Texas 77477
$450,000
2 Beds
1 Full Bath
Multi-Family
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About 11500 Meadow Lane #4
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.
Highlights
11500 Meadow Lane #4
$450,000
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 / $600 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.
