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Owner Contacts

$1,106,000

NAL Estimated Property Value

1934 Norcrest Dr, Houston, TX, 77055

Off Market

5 Beds

5 Bath

3,725 Sq Ft

$288.59 / sqft

Built in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,501 sqft

Building Information

Year Built2023

Stories1

Garage Spaces2

Land Information

APN0762250010016

Lot Number16

SubdivisionRidgecrest

Land UseResidential

Legal DescriptionLT 16 BLK 1 RIDGECREST SEC 2

Census Tract520604

Assessed Land Value$225,000

Assessed Improvement Value$861,500

Assessment Year2025

About this property

Welcome to your dream home in Spring Branch, built by renowned builder Quintessa Homes! This stunning new construction boasts 5 bedrooms and 4.5 bathrooms, providing ample space for families of all sizes. As you enter the home, you'll immediately notice the first-floor study, perfect for working from home or as a private retreat. The soaring ceilings add an air of elegance and grandeur to the space, with natural light flooding the open floor plan. The gourmet kitchen is a chef's dream, featuring high-end stainless steel Kitchenaid appliances, including a 36" range top. The kitchen island provides ample space for meal prep, and the Kent-Moore cabinetry offers plenty of storage. The second floor boasts a spacious game room, 3 bedrooms & a Seasonal Storage room. Home also offers a covered patio . Don't miss out on the opportunity to own this breathtaking home in Spring Branch by Quintessa Homes. Schedule your tour today!

Investor Tools

$1,106,000

Estimated Property Value

$742,975Estimated Mortgage Balance

$363,025Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,636 /month

Positive

Cash Flow Estimate:

$2,212 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,250/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,474

$1,086,500

2025

$225,000

$861,500

$1,086,500

Tax History

Year

Tax Paid

Assessed Value

2024

$9,474

$1,086,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Community Cu

Conventional

$756,293

First

May 9, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$742,975

$343,525

31%

67%

$4,535/mo

Learn About the Market: Opportunity in Houston

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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.

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