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$624,000

1741 Ojeman Point Ln, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,268 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.88 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size2,252 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1400660040003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 4 SPRING VALLEY POINT
Census Tract520700
Assessed Land Value$210,375
Assessed Improvement Value$390,000
Assessment Year2025

About this property

Home Built by Riverway homes is ready for immediate move in! First FLOOR LIVING 2 Story 3 bedroom with a flex space for a man cave or workout area even could be a 4th bedroom. This home features a TEXAS sized island which will be great for entertaining. Very open Kitchen that overflows in to the large living room and breakfast area. HUGE Primary bedroom and Primary bath is one of kind with a shower that could fit entire family in and an oversized closet. This home will not last long please call agent for immediate showing. Zoned to the best schools Memorial High School, Spring Branch middle and Valley oaks Elementary.

Investor Tools

Property Icon
$624,000
Estimated Property Value
$440,000Estimated Mortgage Balance
$193,070Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,744 /month
Positive
Cash Flow Estimate:
$1,248 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$2,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,214
$600,375
2025
$210,375
$390,000
$600,375
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,214
$600,375

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$440,000
No
First
Mar 25, 2025
Apr 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$430,930
$193,070
30%
69%
$2,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,039/mo
$-3,317/mo
3.3%

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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1741 Ojeman Point Ln | Property Details | No Agent List