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Owner Contacts

$440,000

NAL Estimated Property Value

517 Egan Street, Houston, TX, 77020

Off Market

3 Beds

4 Bath

2,118 Sq Ft

$212.46 / sqft

Built in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size1,986 sqft

Building Information

Year Built2024

Garage Spaces2

Land Information

APN1424240010002

Lot Number2

Land UseResidential Single Family

Legal DescriptionLT 2 BLK 1 OLEANDER CROSSING

Census Tract211400

Assessed Land Value$69,705

Assessed Improvement Value$357,216

Assessment Year2025

About this property

**** $20,000 to Buyer! **** NEW CONSTRUCTION! Welcome to Oleander Crossing, located in the hottest, fastest growing part of Houston - East Downtown! Offering Private Driveways, Spacious Backyards & NO HOA! Modern Living with Open Concept Kitchen w/island Breakfast Bar comfortably flows into Dining area, Light & Bright spacious Living room with 8ft glass premium sliding door leading to balcony. Large Primary Bedroom comes with walk-in closet, Soaking tub, Separate Shower & Double Sinks. Nice-sized Secondary bedrooms each with private full bath! Smart Home (WiFi Thermostat & Garage Door opener,) LED Lighting, Soft close Drawers/Cabinets, SS Appliances, Quartz Countertops, LVP Wood-Like Planks on Flooring, and much more! Minutes from Downtown & New East River Development. LOW Tax Rate! Air BnB Eligible! Non Flood Zone!

Investor Tools

$440,000

Estimated Property Value

$163,573Estimated Mortgage Balance

$276,427Estimated Equity

62% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,700 /month

Positive

Cash Flow Estimate:

$900 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$305/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,458

$426,921

2025

$69,705

$357,216

$426,921

Tax History

Year

Tax Paid

Assessed Value

2024

$1,458

$426,921

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Direct Mortgage Llc

Conventional

$166,000

First

Jul 23, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$163,573

$276,427

62%

37%

$996/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$996/mo

+$726/mo

4.7%

Learn About the Market: Opportunity in Houston

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