
$450,000 USD
Multi Family Home for Sale, 11500 Meadow Lane Unit 4, Houston, Texas 77477
- MLS#7130463
- 2
- 1
93 m² (1,000 ft²)
Listed By CENTURY 21 Western Realty
The Multi Family Home for Sale located at 11500 Meadow Lane Unit 4, Houston, Texas 77477 is currently for sale. 11500 Meadow Lane Unit 4, Houston, Texas 77477 is listed for $450,000. This property has 2 bedrooms, 1 bathroom.
Property features
Property
- Property size:
93 m² (1,000 ft²)
Lot/Land
- Land/Lot size:
818 m² (8,810 ft²)
Construction
- Year built: 1983
- Style: Traditional
Bedrooms
- Bedrooms: 2
Bathrooms
- Total bathrooms: 1
- Full bathrooms: 1
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.
Location
11500 Meadow Lane Unit 4, Houston, Texas 77477