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$409,000

1524 Ojeman Rd # D, Houston, TX, 77055

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,548 Sq Ft
price_per_sqft$264.21 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater
FlooringVinyl Plank

Exterior

Lot Size1,594 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1417360010004
Lot Number4
Land UseResidential
Legal DescriptionLT 4 BLK 1 SPRING VALLEY COURT
Census Tract520700
Assessed Land Value$181,176
Assessed Improvement Value$187,082
Assessment Year2025

About this property

Finally! Coveted 2-story open flowing floorplan w/ first floor Living Spaces, boasting high ceilings, wood floors & many upgraded features! Stunning Kitchen w/ seated Island, quartz counters, modern shaker cabinets, artful tile, plus a clever office nook! This gated, recent construction Home combines a Modern Farmhouse feel w/ stylish designer finishes & abundant natural light galore – BEAUTIFUL! 3 spacious bedrooms, 2.5 baths, plus a flex bonus space ideal for Gameroom, extra Den or whatever you desire! 2-car attached garage, extra guest parking & more! Zoned to some of the best schools in Spring Branch (Valley Oaks - Elem, Spring Branch - Middle, Memorial - High) don't miss this rare opportunity in close-in booming Memorial's Spring Branch, for under $420K! WOW!

Investor Tools

$318,827Estimated Mortgage Balance
$108,503Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Lynn Zarr, Jr.

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,604
$368,258
2025
$181,176
$187,082
$368,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,604
$368,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$344,000
No
First
Jun 13, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,827
$130,173
28%
75%
$2,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,863/mo
$-2,141/mo
4.9%

City: Houston