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Michael Prince

michael@theprinceofrealestate.com +1(832) 818-3234

$450,000

Est. payment - /mo

2 Beds

1 Bath

3,968 SqFt

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Open House

Sun Sep 27, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,968 sqft

Price per Sqft $113

Subdivision Meadow Village

MLS Listing ID 7130463

Style Fourplex

Bedrooms 2

Full Baths 1

HOA Fees $50/mo

HOA Y/N No

Year Built 1983

Annual Tax Amount $10,870

Tax Year 2025

Property Sub-Type Quadruplex

Property 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

State TX

County Harris

Area Stafford Area

Interior

Interior Features Ceiling Fan(s)

Heating Central, Gas

Cooling Central Air, Electric

Flooring Carpet, Tile, Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

Utilities Available Water Available

Roof Type Composition

Building

Story 2

Entry Level Two

Architectural Style Fourplex

Level or Stories Two

New Construction No

Schools

Elementary Schools Cummings Elementary School

Middle Schools Holub Middle School

High Schools Aisd Draw

School District 2 - Alief

Others

HOA Name PHMI

HOA Fee Include Common Areas,Maintenance Structure,Sewer,Trash,Water

Tax ID 114-071-007-0009

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Houston Realtors Information Service / HAR MLS

Listed by CENTURY 21 Western Realty, Inc Erica Post

NEARBY SCHOOL & BUSINESS

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Michael Prince

+1(832) 818-3234

11500 Meadow LN #4 Houston, TX 77477

Michael Prince

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION