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    12627 Ashford Meadow Dr Houston, TX 77082

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    For Sale
    $335,000

    Multifamily property in West Houston, near Dairy Ashford and Westheimer.

    Lot size:
    0.03 Acres

    Property Features for 12627 Ashford Meadow Dr

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1981

    Source: Walzel Properties - Katy Agent Sabeeh Siddiqui

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Houston Multifamily Investment Opportunity

    Located in West Houston, this multifamily property presents an investment opportunity near the intersection of Dairy Ashford and Westheimer. The property consists of one-bedroom, one-bathroom units, with 75% occupancy by long-term tenants. The gross rent is $4,400.00 when all units are rented at $1,100 per unit. All units are qualified for Section 8. One unit has been upgraded, while the others have not. Exterior maintenance, which includes all exterior upkeep, is $360 per unit per month. The roofs were replaced between 2017 and 2018, and the exteriors have been recently painted. According to the HOA, the area is patrolled at various times during the week. The property has never flooded.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.6081594
    Latitude
    29.7333281

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    FAQs

    What type of property is this?
    Quadplex - Multifamily property in West Houston, near Dairy Ashford and Westheimer.
    Where is this quadplex located?
    The property is located at 12627 Ashford Meadow Dr Houston, TX.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - High occupancy rate (75%) with long-term tenants, ensuring consistent income; - Never flooded, providing peace of mind and protecting investment; - Gross rents of $4,400 when fully occupied, with each unit renting for $1,100
    (281) 979-3745
    Request Owner's contact information
    12627 Ashford Meadow Dr Houston, TX 77082
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    Houston, TX 77082
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12627 Ashford Meadow Dr Houston, TX 77082
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