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Ashford Meadow Duplex 12506 Ashford Meadow Dr 2 Unit Apartment Building $150,000 ($75,000/Unit) 7% Cap Rate Houston, TX 77082

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EXECUTIVE SUMMARY

Ask me about 3rd Party Owner Financing Loan Option with 15% Downpayment. Occupied by relatives on a Month-To-Month Lease. They will move out before closing. Send your best offer along with Proof of Funds. Unit D is occupied on a Month-To-Month Basis. Send offers to Wale@Networthbuilders.com $30 Option Fee/day and 5 days max. Both units are vacant and ready to lease at $1200 or more. Landlord pay $70 for Water on both 2 units monthly. HOA is $360/Per Month per unit.
Physical Property Description:
Occupied by relatives on a Month-To-Month Lease. They will move out 2-weeks before closing date. The price is for both units C and D. Each unit features 2 bedrooms and 2 full bathrooms, and a wood/log fireplace. Great investment Opportunity!!! Units C is downstairs and D upstairs both with Granite countertops, flooring, fresh paint. Roof was recently installed. Tenants pay for electricity. The owner pays for water/sewer. Trash is included in the HOA. Units are very close to Dairy Ashford Road. You can see both unit C and D today. Each unit can rent for $1200 or more per unit! HOA covers exterior maintenance, grounds, landscaping, exterior insurance and courtesy patrol. Unit D is occupied on a Month-To-Month Basis. Call The Listing Agent If You are currently NOT working with a Real Estate Agent ONLY. Never Flooded Per Seller. HOA Fees - $360/month per unit. HOA also covers the exterior of buildings, roof, grounds, insurance, and community pool. Roof was replaced by HOA in 2017.

PROPERTY FACTS

Price $150,000
Price Per Unit $75,000
Sale Type Investment
Cap Rate 7%
Sale Condition Bulk/Portfolio Sale
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Townhome
Building Class B
Building Size 1,931 SF
Average Occupancy 50%
No. Stories 2
Year Built/Renovated 1981/2022
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1149550000001
  • 1149550000003
Land Assessment
$156,546
Improvements Assessment
$552,711
Total Assessment
$709,257
  • Listing ID: 38610458

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 12506 Ashford Meadow Dr, Houston, TX 77082

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