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$332,070

NAL Estimated Property Value

7118 Elgin St, Pearland, TX, 77584

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,144 Sq Ft
price_per_sqft$144.59 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Electric Oven, Microwave, Gas Range, Full Size, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesSide Green Space, Side Yard, Sprinkler System
Lot Size3,206 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6588-0003-004
Lot Number4
SubdivisionMidtown At Magnolia Townhomes
Land UseResidential
Legal DescriptionMIDTOWN AT MAGNOLIA TOWNHOMES (A0546 HT&BRR) (PEARLAND) BLK 3 LOT 4
Census Tract660803
Assessed Land Value$34,540
Assessed Improvement Value$297,530
Assessment Year2025

About this property

Welcome to this beautifully designed, recently built 4-bedroom, 2.5-bathroom townhome located in a gated community, offering the perfect blend of modern living and low-maintenance convenience! The primary bedroom is located downstairs for ultimate privacy and ease, while the open floor plan creates a spacious, airy feel throughout the main living areas. The stylish kitchen opens up to the living and dining spaces, ideal for both everyday living and entertaining. Step outside to your private backyard oasis, featuring pavers and lava rock for a low-maintenance retreat that’s perfect for relaxing or hosting a BBQ without the hassle of upkeep. Upstairs, you'll find three additional generously-sized bedrooms, perfect for family, guests, or a home office setup. Located in a convenient, sought-after community, this townhome is just minutes from shopping, dining, and major highways. Don’t miss out on the opportunity to call this move-in ready gem home!

Investor Tools

Property Icon
$332,070
Estimated Property Value
$282,542Estimated Mortgage Balance
$49,528Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
$355/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$332,070
2025
$34,540
$297,530
$332,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$332,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Advisa Mortgage Services Ltd
Va
$309,990
Yes
First
Sep 29, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,542
$49,528
14%
85%
$1,859/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pearland

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7118 Elgin St | Property Details | No Agent List