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Four-Unit Condominium Investment
For Sale
$300,000

12502 Ashford Meadow Drive 4, Houston, TX 77082

Four residential condominium units built in 1981, with three currently available for lease.

Property Size3,924 SF
Price / SF$76.45
Days on Market126

Property Features for 12502 Ashford Meadow Drive 4

General Information

Standard status Active
Size 3,924 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,971

Amenities

Yes
8
Appraiser
2859
3924

Building Details

Building Size 3,924 SF
Year Built 1981
Stories 2
Tenancy Multi
Listing Agency: RE/MAX ONE
Listed By: Trena Thomas
Source: Garygreene
Added: May 8 Changed: Sep 9 Last Checked: Sep 10 at 6:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX ONE

Investment Insights

Based on property information with market context.

This four-unit condominium property was built in 1981 and contains four residential units configured for rental use. Each unit is approximately 1,057 SF and offers functional layouts within a single, four-condo structure.

Located at 12502 Ashford Meadow Dr in Houston, TX 77082, the property sits in an established and densely populated West Houston residential corridor. The immediate area is described as being near major thoroughfares, employment centers, retail, dining, and everyday conveniences.

For sale as an income-producing asset, three of the four units are currently available for lease, offering an operator the ability to pursue leasing activity immediately.

Key Highlights

  • Four residential condominium units built in 1981 at 12502 Ashford Meadow Dr, Houston, TX 77082
  • Each unit is approximately 1,057 SF with functional layouts suited for leasing
  • Three of the four units are currently available for lease

Property Analytics

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Current Use

Puff’s Beauty Bar Cosmetic Store Puff Notary Services Law Firm A Hidden Smile Dental Office

Suggested Use

Top Pick Parking Lot & Garage Law Firm Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,425
Businesses Nearby

Demographics for 77082, TX

57,493
Population
24,994
Households
2.3
Avg Household Size
35
Median Age
36%
College-Educated
88%
High-School Grad
12.6 sq mi
ZIP Area
4,563
Density / Sq Mi
$60,510
Median Household Income
$35,789
Median Earnings
$1,361
Median Rent
$225,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential condominium units built in 1981, with three currently available for lease.
Where is this quadplex located?
The property is located at 12502 Ashford Meadow Drive 4 Houston, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four residential condominium units built in 1981 at 12502 Ashford Meadow Dr, Houston, TX 77082; Each unit is approximately 1,057 SF with functional layouts suited for leasing; Three of the four units are currently available for lease
More about this property
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