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Owner Contacts

$1,787,000

408 Egerton Crescent Dr, Houston, TX, 77024

Off Market

3 Beds

4 Bath

3,345 Sq Ft

Single Family Residence

$494.17 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

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

$1,787,000

Estimated Property Value

$1,100,000Estimated Mortgage Balance

$749,300Estimated Equity

38% 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

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

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%

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