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Days2077Days on Market
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$635,000

1737 Ojeman Point Ln, Houston, TX, 77055

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,268 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$279.98 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Microwave, Dishwasher

Exterior

Lot Size2,461 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1400660040001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 4 SPRING VALLEY POINT
Census Tract520700
Assessed Land Value$211,191
Assessed Improvement Value$333,482
Assessment Year2025

About this property

Incredible opportunity to own a corner residence in the gated community of Spring Valley Point! This modern two-story home offers plenty of natural light and first-floor living. Engineered wood floors throughout! The open floor plan is perfect for entertaining, with a spacious living room, kitchen, dining area, and fenced-in backyard with a covered patio. The sleek kitchen features stainless steel appliances and a huge pantry. Upstairs, you'll find the expansive owner's retreat featuring a beautiful en-suite bathroom with a remodeled glass-enclosed shower, soaking tub, and a spacious walk-in closet. The second floor also features two secondary bedrooms, a full secondary bathroom, a home office, and a utility room. Custom window coverings from the Shade Store throughout the home are a huge perk! Zoned to the highly coveted Valley Oaks Elementary, Spring Branch Middle, and Memorial High School.

Investor Tools

$486,118Estimated Mortgage Balance
$184,797Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,014 /month
Positive
Cash Flow Estimate:
$1,338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
$2,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,110
$544,673
2025
$211,191
$333,482
$544,673
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,110
$544,673

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$539,560
No
First
Mar 17, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$486,118
$160,882
24%
73%
$3,235/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,635/mo
$-3,913/mo
3.1%

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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1737 Ojeman Point Ln | Property Details | No Agent List