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$583,764

NAL Estimated Property Value

1822 Nogalus Dr, Crosby, TX, 77532

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,947 Sq Ft
price_per_sqft$195.11 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher, Oven

Exterior

Lot Size19,646 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1033740000018
Lot Number18
SubdivisionSpanish Cove
Land UseResidential
Legal DescriptionLT 18 BLK 1 SPANISH COVE SEC 1
Census Tract251702
Assessed Land Value$108,836
Assessed Improvement Value$474,928
Assessment Year2025

About this property

WATERFRONT HOME ON LAKE HOUSTON with amazing views! This 3 bedroom 2 bath, 2 car attached garage has enough space to create a 4th bedroom. A huge study near the game room can be used for a variety of things. The game room is perfect for entertaining or could be used for a secondary living area. Kitchen open to dining and family room with fireplace. This amazing home has a split floor plan, one side of the main entry includes 2 bedrooms, bath, laundry, bonus room and garage. Other side of home includes primary bedroom with a view of the lake, also enough room for plenty of furniture and sitting area. Huge covered back porch includes a hot tub. Electric boat and jet ski lift. Natural gas air-cooled generator cools the entire house, both a/c units, and large appliances. Water conditioner and reverse osmosis drinking water. This home is very well maintained, roof has lifetime shingles!

Investor Tools

Property Icon
$583,764
Estimated Property Value
$464,813Estimated Mortgage Balance
$118,951Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,503 /month
Positive
Cash Flow Estimate:
$1,168 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,411
$583,764
2025
$108,836
$474,928
$583,764
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,411
$583,764

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Educators Fcu
Conventional
$484,500
No
First
Feb 22, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,813
$118,951
20%
80%
$2,905/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,965/mo
$-1,243/mo
3.5%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Crosby

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