20
Map
$245,000
↓ $8K (3.2%)
●
House -
For Sale
2831 Meiko Drive
Houston, TX 77045
3 Beds
2 Baths
1,576 Ft²
$1,603
Est. Monthly
$13
HOA / Fees
About This Property
Welcome to 2831 Meiko Drive, a charming and well-maintained home
offering comfort, functionality, and convenience in a growing
Houston neighborhood. This inviting residence features a bright
open-concept layout with spacious living and dining areas that
create an ideal setting for both everyday living and entertaining.
The kitchen offers ample cabinet and counter space, providing
practicality and ease for meal preparation. The private primary
suite serves as a relaxing retreat, while the additional bedrooms
offer flexibility for family, guests, or a home office. Enjoy a
generously sized backyard with plenty of space for outdoor
activities, gardening, or relaxing evenings. Conveniently located
near major highways, shopping, dining, parks, and schools, this
home provides easy access to the Texas Medical Center, Downtown
Houston, and other key destinations. Combining comfort,
convenience, and value, this property is a wonderful place to call
home.
Unit Size
1,576 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$155
Property Type
House
Property Taxes
$387
HOA Dues
$13
Year Built
2005
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 16 days ago (HAR #61855221)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$245,000
↓ $8K
(3.2%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by Gregtxrealty - Central | $253,000 | |
| Listed by Gregtxrealty - Central | |||
| May 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 20, 2026 | Listed by Keller Williams Memorial | $253,000 | |
| Listed by Keller Williams Memorial | |||
| | |||
|
Welcome to this well-maintained single-story 3-bedroom, 2-bath home in West Orem Place featuring a functional open layout with all bedrooms conveniently located on one level. A major recent upgrade includes new air conditioning units, offering comfort and long-term value for the next homeowner.
Enjoy one of the larger lots in the subdivision with a spacious backyard and covered patio, perfect for entertaining, relaxing, or creating your ideal outdoor space. The attached 2-car garage provides added storage and everyday convenience.
Ideally located minutes from the Medical Center, NRG Stadium, Downtown Houston, Hwy 288, shopping, dining, and schools, this home offers both accessibility and opportunity for personalization. A great option for buyers seeking space, location, and important system updates at an attractive value.
| |||
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Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Dry Bar, All Bedrooms Down, Walk-In Closet(s)
Appliances: Gas Oven, Gas Range, Dishwasher
Exterior Details
Square Footage: 1576
Architectural Style: Traditional
Year Built: 2005
Building Area Total: 1576
Construction Materials: Brick, Wood Siding
Patio and Porch Features: Covered, Patio
Lot Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1393
Lot Size Units: Acres
Lot Size Acres: 0.1393
Lot Size Square Feet: 6067.908
Water Source: Public
Financial Details
Tax Annual Amount: $4,648
Utilities Details
Cooling Type: Gas
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA Fee: $150
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southwest Houston
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Listed by: Austin Eggers, Gregtxrealty - Central
Last Updated: 16 days ago
Data Source: HAR , MLS# 61855221
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Last Updated: 16 days ago
Data Source: HAR , MLS# 61855221
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