11500 Meadow Lane 4

Houston, TX 77477

About this property

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 laundrydriving 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.

About this property

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 laundrydriving 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 and Additional Information

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$450,000 Active
3,968 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
CENTURY 21 Western Realty, Inc
1-281-392-9272
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Area Information

28 | Harris County | Meadow Village

$ 450,000
This listing is play_arrow 0.0% lower than the average in the area
$ 450,000 in the area
3,968 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
3,968 SqFt in the area
$ 113 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 113 $/SqFt in the area
143 days on site
This listing is play_arrow 0.0% below the average in the area
143 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Erica Post
Brokerage: CENTURY 21 Western Realty, Inc

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