14337 Lost Meadow Ln
3 bed / 2.5 bath, 2,256 SF two-story townhome built 1976 in Memorial Club Townhomes, off Dairy Ashford just south of I-10 in the Energy Corridor / Memorial area (77079). One of the larger floor plans in the complex. Needs renovation: owner reports a plumbing leak and a foundation item to be inspected. New roof 2023 and A/C about 2 years old per seller. Currently tenant occupied; tenants expected out by end of October to early December. Strong rental area (Redfin rent estimate about $2,000/mo; a same-size unit on the street is listed for rent at $2,500).
Recent sales in the same complex run $200,000 as-is to $330,000 renovated, with renovated 3/2.5 units closing at $136 to $163 per SF. Buy it well below the as-is comps and either flip it or hold it as a rental in a zip where the median sale price is $850k.
Deal Breakdown
- Asking price: $189,900 ($84/SF)
- Comp average (6 sales in complex, 2026): $257,000, $128/SF
- Renovated comps: $270,000 to $329,900 ($136 to $163/SF)
- Estimated ARV: $300,000 ($133/SF)
- Estimated repair budget: $45,000 (foundation, plumbing, cosmetic); est. gross profit about $65,000 before closing and holding costs
- HCAD account 1046550000003, Memorial Club T/H Sec 2, Trs 3 & 4A Blk 87
- Cash or hard money, closing through title. Tenant occupied: access by appointment.
Figures are estimates from recent area sales and are not an appraisal. Buyer to verify condition, size, HOA, and all numbers before purchase.
| Property Type | Single-Family |
| Status | Coming Soon |
| Asking Price | $189,900 |
| ARV | $300,000 |
| Year Built | 1976 |
| Location | 14337 Lost Meadow Ln, Houston, TX 77079 |
| Comp Address | Bd | Ba | Sqft | Sold | $/Sqft | Sold Date | Dist |
|---|---|---|---|---|---|---|---|
| 14295 Misty Meadow Ln Same complex. Investor purchase (LLC buyer), as-is level, $99/SF. | 3 | 2.5 | 2,016 | $200,000 | $99 | Jul 2026 | 0.15 |
| 14171 Misty Meadow Ln Same complex, near-identical size, $106/SF. Dated condition. | 3 | 2.5 | 2,250 | $239,000 | $106 | Mar 2026 | 0.21 |
| 1349 Country Place Dr Same complex, $119/SF. | 3 | 2.5 | 1,886 | $224,900 | $119 | Jul 2026 | 0.17 |
| 1147 Country Place Dr Same complex, updated, $136/SF. | 3 | 2.5 | 1,992 | $270,000 | $136 | May 2026 | 0.25 |
| 14231 Misty Meadow Ln Same complex, renovated, $163/SF. Top of range. | 3 | 2.5 | 2,024 | $329,900 | $163 | May 2026 | 0.18 |
Houston, TX 77079