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$510,000

1702 Oak Leaf Pass Drive, Houston, TX, 77055

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,346 Sq Ft
price_per_sqft$217.39 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,553 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1354010010022
Lot Number22
Land UseResidential
Legal DescriptionLT 22 BLK 1 RESERVE ON MORITZ
Census Tract520700
Assessed Land Value$173,879
Assessed Improvement Value$248,741
Assessment Year2025

About this property

Beautiful 3-story corner unit in a gated community zoned to highly sought-after Valley Oaks Elementary and Memorial High School. Ideally located near a revitalized area with popular restaurants and shops, and just down the street from Moritz Pech Family Park. This Energy Star home features 3 bedrooms, 3 full baths, and a half bath, plus a versatile third-floor living area/game room/bonus loft. The first-floor bedroom offers an en-suite bath, dual closets, and access to a private patio. The spacious primary suite includes two closets and an en-suite bathroom with dual vanities, a soaking tub, and a separate shower. The high-end kitchen features stainless steel appliances. Additional highlights include hardwood floors, high ceilings, a mudroom area, a termite prevention system, a tankless water heater, and a 2-car garage complete with an Elfa storage system. All of this in a prime location within the highly regarded SBISD school district—truly a wonderful place to call home.

Investor Tools

$304,623Estimated Mortgage Balance
$245,377Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Susan Slocum

Compass RE Texas, LLC - Memorial

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
$3,125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,986
$422,620
2025
$173,879
$248,741
$422,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,986
$422,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$336,795
No
First
May 13, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,623
$245,377
44%
55%
$2,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,145/mo
$-3,423/mo
3.8%

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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1702 Oak Leaf Pass Drive | Property Details | No Agent List