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Remodeled 4-Unit Income Property
For Sale
$150,000

12531 Ashford Meadow Drive ABCD, Houston, TX 77082

Four-unit property with two occupied units under Section 8 and recently fully remodeled interiors.

Property Size3,746 SF
Price / SF$40.04
Days on Market190

Property Features for 12531 Ashford Meadow Drive ABCD

General Information

Standard status Active
Size 3,746 SF
Property subtype Multi-Family
Occupancy 50%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $8,657

Amenities

Laminate,Tile,Vinyl
Yes
2
Appraiser
2693
3746

Building Details

Building Size 3,746 SF
Year Built 1981
Stories 2
Listing Agency: NB Elite Realty
Listed By: Craig Taylor
Source: Garygreene
Added: Apr 12 Changed: Oct 16 Last Checked: Oct 16 at 7:32AM

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 NB Elite Realty

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Investment Insights

Based on property information with market context.

This four-unit income property offers two occupied units and two additional units. The units have recently been fully remodeled, featuring granite countertops, vinyl plank flooring, and tile flooring throughout.

Per the current setup, tenants pay electric, while the owner pays water and sewer. Trash is included in the HOA, and the HOA also covers the exterior of the buildings, roof, grounds, insurance, and the community pool. The seller requests that prospective buyers do not disturb tenants.

The property is presented for sale as a multifamily/quadplex-style asset with an HOA-managed exterior and common amenity structure.

Key Highlights

  • 4‑unit property with 2 units currently occupied by Section 8 tenants
  • Current rents of $1,700 and $1,400; tenants pay electric and owner pays water/sewer
  • Interiors have recently been fully remodeled

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Florist

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
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,129
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

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with two occupied units under Section 8 and recently fully remodeled interiors.
Where is this quadplex located?
The property is located at 12531 Ashford Meadow Drive ABCD Houston, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 4‑unit property with 2 units currently occupied by Section 8 tenants; Current rents of $1,700 and $1,400; tenants pay electric and owner pays water/sewer; Interiors have recently been fully remodeled
More about this property
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