2view

Owner Contacts

$598,000

NAL Estimated Property Value

1741 Ojeman Spring Lane, Houston, TX, 77055

Off Market

3 Beds

4 Bath

2,274 Sq Ft

$241.86 / sqft

Built in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,490 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1400660050011

Lot Number11

Land UseResidential

Legal DescriptionLT 11 BLK 5 SPRING VALLEY POINT

Census Tract520700

Assessed Land Value$178,337

Assessed Improvement Value$385,355

Assessment Year2025

About this property

[Under Construction - Est. Completion Summer 2022] BRAND NEW Riverway Homes in Spring Valley Point - conveniently located minutes away from Highway I-10 and zoned to highly desirable Valley Oaks Elementary, Spring Branch Middle, and Memorial High School. This gorgeous Cabernet floor-plan boasts a beautifully designed open concept living space. Enjoy the contemporary designer finishes throughout; including hard surface flooring in all of the main areas, wooden staircase treads with iron balusters, quartz countertops, modern cabinetry, upgraded light fixtures, and many more. Each of the 3 bedrooms has it's own en-suite bath and walk-in closet. Also includes a balcony off the living room and powder room on the second floor. Built with Energy Efficient features throughout; including stainless steel kitchen appliances and a tankless water heater. Schedule your tour today!

Investor Tools

$598,000

Estimated Property Value

$458,679Estimated Mortgage Balance

$139,321Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,588 /month

Positive

Cash Flow Estimate:

$1,196 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$679/month

$2,350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,161

$563,692

2025

$178,337

$385,355

$563,692

Tax History

Year

Tax Paid

Assessed Value

2024

$5,161

$563,692

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Chicago Mortgage Solutions Corp

Conventional

$494,000

First

Jul 29, 2022

Aug 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$458,679

$139,321

23%

77%

$2,962/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$5,312/mo

$-3,590/mo

3.5%

Learn About the Market: Opportunity in Houston

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 This Area