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12502 Ashford Meadow Dr - Meadows on the Mews 1,057 SF Flex Condo Unit Offered at $300,000 in Houston, TX 77082
Investment Highlights
- Situated in a densely populated West Houston corridor with strong rental demand
- Average household income of $65,287 supporting long-term occupancy stability
- Three units currently available for lease, offering immediate income and value-add potential
- Population of 194,877 residents within a 3-mile radius
- Four residential condo units, each approximately 1,057 SF with functional layouts
Executive Summary
An excellent investment and leasing opportunity within a 4-unit condominium property located at 12502 Ashford Meadow Dr, Houston, TX 77082, positioned in the heart of an established and densely populated West Houston residential corridor. The property benefits from strong surrounding demographics, including a population of 194,877 residents within a 3-mile radius and an average household income of $65,287, supporting consistent long-term rental demand and occupancy stability. Built in 1981, the property consists of four well-sized residential condominium units, each approximately 1,057 SF, offering functional layouts ideal for today’s rental market. Currently, three units are available for lease, creating an opportunity for investors or operators to capitalize on immediate leasing activity and value-add potential. The property is strategically located near major thoroughfares, employment centers, retail destinations, dining, and everyday conveniences, making it highly attractive to tenants seeking affordability and accessibility within the West Houston submarket.
1 Unit Available
Unit 4
| Unit Size | 1,057 SF | Condo Use | Flex |
| Price | $300,000 | Sale Type | Investment |
| Price Per SF | $283.82 |
| Unit Size | 1,057 SF |
| Price | $300,000 |
| Price Per SF | $283.82 |
| Condo Use | Flex |
| Sale Type | Investment |
Description
An excellent investment and leasing opportunity within a 4-unit condominium property located at 12502 Ashford Meadow Dr, Houston, TX 77082, positioned in the heart of an established and densely populated West Houston residential corridor. The property benefits from strong surrounding demographics, including a population of 194,877 residents within a 3-mile radius and an average household income of $65,287, supporting consistent long-term rental demand and occupancy stability.
Built in 1981, the property consists of four well-sized residential condominium units, each approximately 1,057 SF, offering functional layouts ideal for today’s rental market. Currently, three units are available for lease, creating an opportunity for investors or operators to capitalize on immediate leasing activity and value-add potential.
The property is strategically located near major thoroughfares, employment centers, retail destinations, dining, and everyday conveniences, making it highly attractive to tenants seeking affordability and accessibility within the West Houston submarket.
Property Facts
| Total Building Size | 3,924 SF | Floors | 2 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 1,962 SF |
| Property Subtype | Apartment | Year Built | 1981 |
| Building Class | C | Lot Size | 0.07 AC |
| Total Building Size | 3,924 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,962 SF |
| Year Built | 1981 |
| Lot Size | 0.07 AC |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $1,200 | 1,057 |
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12502 Ashford Meadow Dr - Meadows on the Mews
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