1995 Piper Meridian for sale

1995 Piper Meridian

Single Engine Turboprop

FOR SALE
$1,100,000Overpriced
Location New Braunfels, TX
Total Time 3,273 hrs
Engine SMOH 1,190 hrs
Seats 6
Serial # 4636009
Reg # N40RZ
Cruise 241 kts (446 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Garmin G500 Glass Panel Dual Garmin GTN 750s Garmin GFC 600 3 Axis Autopilot equipped with a Go Around Button a Level Button and Electronic Stability Protection Shadin Engine Trend Monitor Garmin GTX 345 ADS-B In and Out Transponder 1 Garmin GTX 330ES ADS-B Out Transponder 2

Description

Fresh Hot Section! Fresh Annual by First Line Aero, Piper JetProp specialist (Aircraft is in annual right now and HSI is being performed. Annual will be signed off April 2026). This 2010 JetProp Conversion is equipped with the unbeatable Garmin GFC 600 autopilot, plus dual Garmin GTN 750s and a Garmin G500 PFD/MFD combo, making all flights smooth and easy. The paint is eye popping, causing N40RZ to stand out on any FBO ramp. The key to a Piper JetProp is efficiency. At FL270, N40RZ cruises at 260 KTAS on only 32 GPH of Jet A! This low time engine with a fresh hot section will be maintenance free for years to come. Digital logbooks are available (see engine logbook note under inspections below). Contact Texas Top Aviation today! The owner will include his remote control tug, battery minder, and portable GPU in any sale. Make this affordable turboprop yours! Make this affordable turboprop yours!

Propeller

4 Blade Hartzell Propeller 1190 SNEW

Interior

Tan Leather Interior w/ Wood Trim 6/10

Exterior

2014 Paint by Aerosmith Aviation in Longview, TX 9/10 Silver and Black with Red Striping

Inspection

JetProp Specialty Shop First Line Aero Currently Performing Annual Inspection Airplane will be delivered with a fresh hot section inspection (not due until 3000 hours TT on the engine) March 2026 Altimeter/Pitot/Static/Transponder Inspections Complete Airframe and Propeller Logs Original Engine Logbook Lost, but owner was able to recreate the engine logbook with duplicate copies between 2010 and 2016, including the build records from Pratt & Whitney. The engine log entries between 2016 and 2023 are still missing. Airframe logbook is complete. Shadin Engine Monitoring data is available between 2018-2023. Engine was on Trend Monitoring until 2018.

Modifications / STCs

Factory Air Conditioning

Flight Into Known Icing Approved

Emergency Oxygen Equipped

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison 1 active offer

Source Price Action
Mark Herbert
trade-a-plane.com
$1,100,000
Texas Top Aviation
controller.com
$1,100,000
Texas Top Aviation
controlleremea.co.uk
$1,119,366 *
GBP £831,331
Texas Top Aviation
aviationtrader.com.au
$1,136,379

* Converted to USD at daily European Central Bank (ECB) exchange rates

Estimate Monthly Payment

Piper Meridian loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Meridian

This 1995 Piper Meridian (N40RZ) is a 6-seat single engine turboprop with 3,273 hours on the airframe. There are currently 109 Meridian aircraft listed for sale with asking prices ranging from $738,946 to $2,613,432. This aircraft is priced below the market average at $1,100,000.

The Meridian cruises at 241 kts (446 km/h) with a range of 1,000 nm (1,852 km) — ideal for short hops and local flights. Service ceiling of 30,000 ft allows operation above most weather.

Operating costs: Fuel burn is 35 GPH (132 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $192/hr in fuel alone. Total variable cost including maintenance reserves is approximately $650/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $100,000. With 3,273 hours on the airframe, this aircraft has 227 hours remaining to engine TBO .

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 3,273 hours — verify engine time vs TBO (3,500 hrs)
Budget $525 for pre-purchase inspection

Piper Meridian — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
6
Cruise Speed
241 kts (446 km/h)
Max Speed
260 kts (482 km/h)
Range
1,000 nm (1,852 km)
Ceiling
30,000 ft (9,144 m)
Max Weight
5,092 lbs (2,310 kg)
Useful Load
1,362 lbs (618 kg)
Fuel Capacity
170 gal (643 L)
Fuel Burn
35 GPH (132 L/h)
TBO
3,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Meridian

Fuel Burn
35.0 GPH
~$228/hr
Variable Cost
$650/hr
fuel + mx + reserves
Annual Fixed
$100,000/yr
hangar + insurance + annual
Engine Overhaul
$300,000
every 3,500 hrs

AeroGurus estimates based on industry averages for the PIPER Meridian. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N40RZ.

Location & Ownership

FAA records

Aircraft Location

New Braunfels, TX

Seller reported 887 more aircraft in TX →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

NTSB safety data coming soon.

We'll check N40RZ against the NTSB accident database.

Price History

4 price events · sources: controller.com, aviationtrader.com.au, controlleremea.co.uk, trade-a-plane.com

AeroGurus Market Estimate AME

$1,195,000
Range: $1,100,000 — $1,195,000
Confidence: 70%
vs. Market
-8%
Good Deal

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.