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$549,009

NAL Estimated Property Value

1807 Nogalus Dr, Houston, TX, 77532

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,103 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.46 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size14,632 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1033750000018
Lot Number18
SubdivisionSpanish Cove
Land UseResidential
Legal DescriptionLT 18 BLK 2 SPANISH COVE SEC 1
Census Tract251702
Assessed Land Value$52,229
Assessed Improvement Value$496,780
Assessment Year2025

About this property

Fabulous new construction in highly desirable Spanish Cove on Lake Houston and built to very exacting and very high-quality standards. Open concept living with a flex room that can be used for formal living, home office/study, playroom, game room, library or ask builder to add doors and a closet if a 4th bedroom is desired as this can be done at builder costs. The kitchen is open to the expansive living room and features gas cooking, loads of cabinetry all the way up the high ceilings, big island offering countertop seating and a huge walk-in pantry. The laundry room is also oversized and has countertop for folding clothes. Covered patio, loads of driveway parking, oversized huge 3 car garage and even beautiful views from front rooms of Lake Houston. Some of the many bonuses here are on demand tankless hot water, spray foam insulation, steel studs, high efficiency double paned windows and so much more. Neighborhood marina, boat ramp and park is right down the block!

Investor Tools

Property Icon
$549,009
Estimated Property Value
$0Estimated Mortgage Balance
$549,009Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,437
$549,009
2025
$52,229
$496,780
$549,009
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,437
$549,009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$549,009
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$120/mo
+$1,602/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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1807 Nogalus Dr | Property Details | No Agent List