NoAgentList RatingHow are grades calculated?

4view

Owner Contacts

$478,000

NAL Estimated Property Value

18531 Point Lookout Dr, Houston, TX, 77058

Off Market

4 Beds

3 Bath

2,808 Sq Ft

Single Family Residence

$185.15 / sqft

Built in 1966

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Private Pool

Exterior FeaturesOutdoor Kitchen

Lot Size14,449 sqft

Building Information

Year Built1966

Stories1

Garage Spaces2

Land Information

APN0975620000008

Lot Number8

SubdivisionNassau Bay

Land UseResidential

Legal DescriptionLT 8 BLK 23 NASSAU BAY SEC 5

Census Tract341204

Assessed Land Value$110,935

Assessed Improvement Value$333,854

Assessment Year2025

About this property

Open house cancelled for Sunday, May 22nd. Welcome to the wonderful City of Nassau Bay!! This charming City offers that great small town feel w/ its own Police & Fire Departments. Very community/family oriented, offering lots of community events, & you will always see families enjoying a ride around the neighborhood on their golf carts. Two dog parks, & only a few blocks away from launching your boat for a relaxing ride around Clear Lake. Inside this lovely home you will find ideal placement of windows for views of the beautiful tropical pool & covered outdoor kitchen. Open floorplan for easy entertaining & tropical paradise outside your back door. You will find a swim up table/bar, firepit, covered outdoor kitchen, hot tub, flagstone deck, & plenty of green space for the children & furry friends. It is the responsibility of the Buyer's Agent & Buyer to verify accuracy of all information regarding this Property that is listed on the MLS.

Investor Tools

$478,000

Estimated Property Value

$438,098Estimated Mortgage Balance

$39,902Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,119 /month

Positive

Cash Flow Estimate:

$1,040 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$640/month

$150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,291

$444,789

2025

$110,935

$333,854

$444,789

Tax History

Year

Tax Paid

Assessed Value

2024

$5,291

$444,789

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Provident Funding Associates Lp

Conventional

$444,600

First

Jul 30, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$438,098

$33,902

92%

$2,666/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,500/mo

$2,816/mo

$-316/mo

6.3%

Learn About the Market: Opportunity in Houston

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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.

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