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$372,304

NAL Estimated Property Value

1826 Nogalus Dr, Crosby, TX, 77532

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,796 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.6 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Convection Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Slate, Wood

Exterior

Lot Size18,060 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1033740000017
Lot Number17
SubdivisionSpanish Cove
Land UseResidential
Legal DescriptionLT 17 BLK 1 SPANISH COVE SEC 1
Census Tract251702
Assessed Land Value$108,360
Assessed Improvement Value$263,944
Assessment Year2025

About this property

Enjoy a private, relaxed lakefront lifestyle on Lake Houston in the community of Spanish Cove. Appreciate the captivating sunsets and breathtaking views from the comfort of your backyard. Take your boat out from your private 150-foot pier and boat house which includes 3 electric boat lifts. This one-story that features 3 bedrooms and 2 full bathrooms with an attached 2 car garage. The master bedroom has double door access to second bedroom with multi-purpose use. Property has NEVER FLOODED. This home is a true gem for those with water toys, love for nature and living in a rural setting. Updated floors through out house with slate and engineered wood. Updated primary bathroom. Don't miss your opportunity to catch a beautiful sunset off your very own deep water pier. This waterfront home located on deep open water of Lake Houston offers a tranquil environment yet close to all the amenties that Houston has to offer. NEVER FLOODED!

Investor Tools

Property Icon
$372,304
Estimated Property Value
$234,067Estimated Mortgage Balance
$138,237Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,234 /month
Positive
Cash Flow Estimate:
$745 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,980
$372,304
2025
$108,360
$263,944
$372,304
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,980
$372,304

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$264,000
No
First
Jul 31, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,067
$143,933
38%
63%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,643/mo
+$79/mo
5.6%

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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1826 Nogalus Dr | Property Details | No Agent List