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Owner Contacts

$564,000

NAL Estimated Property Value

1748 Ojeman Point Ln, Houston, TX, 77055

Off Market

3 Beds

4 Bath

2,121 Sq Ft

$223.95 / sqft

Built in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,407 sqft

Building Information

Year Built2019

Garage Spaces2

Land Information

APN1400660050020

Lot Number20

Land UseResidential

Legal DescriptionLT 20 BLK 5 SPRING VALLEY POINT

Census Tract520700

Assessed Land Value$172,094

Assessed Improvement Value$330,589

Assessment Year2025

About this property

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 Donatella floor-plan is designed with an open concept living space with large windows for plenty of natural light and also includes a balcony. 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. Built with Energy Efficient features throughout; including stainless steel kitchen appliances and a tankless water heater. Schedule your tour today!

Investor Tools

$564,000

Estimated Property Value

$306,924Estimated Mortgage Balance

$257,076Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,384 /month

Positive

Cash Flow Estimate:

$1,128 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$622/month

$2,350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,640

$502,683

2025

$172,094

$330,589

$502,683

Tax History

Year

Tax Paid

Assessed Value

2024

$4,640

$502,683

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Caliber Home Loans Inc

Conventional

$340,000

First

Apr 26, 2021

May 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$306,924

$268,076

46%

54%

$2,039/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$4,389/mo

$-2,667/mo

3.7%

Learn About the Market: Opportunity in Houston

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