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$1,787,000

NAL Estimated Property Value

408 Egerton Crescent Dr, Houston, TX, 77024

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,345 Sq Ft
price_per_sqft$494.17 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,583 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1359420080018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 1 MEMORIAL GREEN SEC 2 R/P & EXTN 2ND PAR R/P
Census Tract430900
Assessed Land Value$492,780
Assessed Improvement Value$1,091,100
Assessment Year2025

About this property

MOVE-IN READY! CORNER PARK VIEW! Built by Pelican Builders and designed by George Hopkins. Plan G features beautiful exterior elevations, first-floor living, wood floors throughout living area, crown molding, high ceilings and outdoor living! 1st floor open-layout living with fireplace, dining and access to outdoor living; abundance of light from wall of windows and french doors to side courtyard. Gourmet kitchen features Bosch stainless steel appliances, quartz countertops and Benedettini cabinetry. 2nd floor Primary suite with luxurious bath including soaking tub and walk-in shower, separate vanities and separate his&hers walk-in closets; ensuite secondary bedroom with walk-in closet; study and utility room. 3rd floor ensuite secondary bedroom; media room and bar with covered rooftop terrace! Elevator installed, two-car garage, first-floor living with outdoor space. BY APPOINTMENT ONLY.

Investor Tools

Property Icon
$1,787,000
Estimated Property Value
$1,037,700Estimated Mortgage Balance
$749,300Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,722 /month
Positive
Cash Flow Estimate:
$3,574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,254/month
$4,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,118
$1,583,880
2025
$492,780
$1,091,100
$1,583,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,118
$1,583,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,100,000
No
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,037,700
$844,300
44%
58%
$6,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$10,796/mo
$-8,276/mo
1.7%

City: Houston

408 Egerton Crescent Dr | Property Details | No Agent List