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$350,000

NAL Estimated Property Value

2231 Megellan Point Ln, Pearland, TX, 77584

Recently SoldInfo
8/04/26
Beds3 Beds
Baths2 Bath
Baths2,059 Sq Ft
price_per_sqft$169.99 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling

Exterior

Lot Size9,544 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7502-3401-044
Lot Number44
SubdivisionShadow Creek Ranch Sf1-Sf2-Sf3-Sf4-Sf5-S
Land UseResidential
Legal DescriptionSHADOW CREEK RANCH SF-34, BLOCK 1, LOT 44
Census Tract660605
Assessed Land Value$54,620
Assessed Improvement Value$265,310
Assessment Year2025

About this property

Set on a large corner cul-de-sac lot w/ no rear neighbors, & PAID OFF SOLAR PANELS W/ BACK UP GENERATOR, this Shadow Creek Ranch home offers the space, privacy & lifestyle buyers are looking for! An open & bright layout creates an inviting feel from the moment you walk in, w/ great natural light, easy flow for entertaining, dedicated office, formal dining, dual primary closets & flexible living spaces ready for everyday comfort. Solar installed adds energy-saving value, while the oversized lot gives extra outdoor space & a perfect covered patio to relax, play or design your dream backyard setup, plus a sprinkler system or added ease. Enjoy resort-style Shadow Creek Ranch amenities including pools, parks, playgrounds, sports courts, trails, lakes & community recreation areas. Prime Pearland location near shopping, dining, schools, medical centers & major routes including Hwy 288 & Beltway 8 for convenient access to the Texas Medical Center, Downtown Houston & surrounding areas.

Investor Tools

Property Icon
$350,000
Estimated Property Value
$233,767Estimated Mortgage Balance
$116,627Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
$1,163/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,607
$319,930
2025
$54,620
$265,310
$319,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,607
$319,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goodleap Lc
Conventional
$245,700
No
First
Nov 21, 2023
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,767
$116,233
33%
67%
$1,474/mo

City: Pearland

2231 Megellan Point Ln | Property Details | No Agent List