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$469,000

1524 Ojeman Rd Unit B, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.81 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,647 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1417360010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 SPRING VALLEY COURT
Census Tract520700
Assessed Land Value$181,788
Assessed Improvement Value$187,063
Assessment Year2025

About this property

Back on the market. Centrally located recently built home in the Spring Valley Court gated community. enclave. Conveniently located minutes away from Highway I-10 and zoned to highly desirable Valley Oaks Elementary, Spring Branch Middle, and Memorial High School. This floor-plan has an open first floor living with bedrooms up. Designer finishes are throughout the home with great details and abundant light. The kitchen features quartz countertops, modern shaker cabinetry, upgraded tiling, and much more.

Investor Tools

Property Icon
$469,000
Estimated Property Value
$316,000Estimated Mortgage Balance
$171,928Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,610
$368,851
2025
$181,788
$187,063
$368,851
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,610
$368,851

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$316,000
No
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,072
$181,928
37%
63%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,895/mo
$-173/mo
4.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1524 Ojeman Rd Unit B | Property Details | No Agent List