24Days on Market

1view

$1,125,000

725 Pegasus Ln, League City, TX, 77573

On Market

4 Beds

3 Bath

3,652 Sq Ft

Single Family Residence

$308.05 / sqft

Built in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Trash Compactor, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Boat Slip

Lot Size7,139 sqft

Building Information

Year Built2017

Stories2

Roof Type112

Garage Spaces2

Land Information

APN2768-0001-0017-000

Lot Number17

SubdivisionConstellation Pointe Sec 2 (2005) Abst 1

Land UseResidential

Legal DescriptionCONSTELLATION POINTE SEC 2 (2005) ABST 18, BLOCK 1, LOT 17, ACRES 0.164

Census Tract721501

Assessed Land Value$224,910

Assessed Improvement Value$1,072,090

Assessment Year2025

About this property

STUNNING MODERN DESIGN WITH LAKE VIEWS AND (2) 40' BOAT SLIPS IN THE PRIVATE, GATED COMMUNITY OF CONSTELLATION POINTE. STEP INSIDE TO BEAUTIFUL CONCRETE FLOORS AND FLOATING STAIRS LEADING TO THE 2ND LEVEL OPEN DESIGN MAXIMIZING LAKE VIEWS. THE 2ND LEVEL FEATURES WOOD FLOORS & 12' CEILINGS, DEN WITH BEAMED CEILINGS, VENTLESS GAS FIREPLACE W/ FLOOR TO CEILING TILE SURROUND, 144 BOTTLE TEMP CONTROLLED WINE VAULT, LARGE BALCONY OVERLOOKING CLEAR LAKE, DINING ROOM, GOURMET KITCHEN W/ WATERFALL ISLAND, DOUBLE OVENS, 6 BURNER GAS RANGE & BUILT-IN REFRIGERATOR & OFFICE/5TH BEDROOM. THE SPACIOUS PRIMARY SUITE OFFERS LAKE VIEWS & A SPA BATH W/ STAND-ALONE TUB & HUGE WALK-IN SHOWER W/ FRAMELESS GLASS ENCLOSURE. THE 1ST LEVEL OFFERS A GAMEROOM W/ FIREPLACE, 2 SPACIOUS BEDROOMS W/ JACK & JILL BATH & A 4TH BEDROOM W/ EN SUITE BATH. A SPACIOUS PATIO, POOL-SIZED BACKYARD & WALKWAY LEADS TO 2-40' FLOATING SLIPS. ADDT'L FEAT INCLUDE AN ELEVATOR SHAFT, SPRAY FOAM INSULATION & 2 UTILITY ROOMS!

Investor Tools

$1,125,000

Estimated Property Value

$510,400Estimated Mortgage Balance

$677,143Estimated Equity

55% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,750 /month

Positive

Cash Flow Estimate:

$2,250 /month

Interested in this property?

Keith Owens

Owens & Associates Realty, LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$811/month

$2,600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,102

$802,793

2025

$224,910

$1,072,090

$1,297,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,102

$802,793

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Home Bank

Conventional

$510,400

First

Mar 13, 2020

Apr 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$448,798

$584,202

56%

40%

$3,061/mo

Learn About the Market: Opportunity in Texas

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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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