Street View

B+

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1view

Owner Contacts

$1,192,000

741 Pegasus Ln, League City, TX, 77573

Off Market

4 Beds

5 Bath

3,923 Sq Ft

Single Family Residence

$304.61 / sqft

Built in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Boat Slip

Lot Size7,013 sqft

Building Information

Year Built2006

Stories2

Roof Type105

Garage Spaces2

Land Information

APN2768-0001-0025-000

Lot Number25

SubdivisionConstellation Pointe Sec 2 (2005) Abst 1

Land UseResidential

Legal DescriptionCONSTELLATION POINTE SEC 2 (2005) ABST 18, BLOCK 1, LOT 25, ACRES 0.161

Census Tract721501

Assessed Land Value$220,970

Assessed Improvement Value$818,948

Assessment Year2025

About this property

STUNNING ONE OWNER MEDITERRANEAN HOME W/ POOL, OUTDOOR OASIS & LAKE VIEWS IN EXCLUSIVE GATED CONSTELLATION POINTE. STEP INSIDE THE GRAND ROTUNDA FOYER WITH SPIRAL STAIRCASE, OFFICE W/ GLASS FRENCH DOORS, DINING W/ WOOD FLOORS & OPEN FLOOR PLAN W/ CHEF'S ISLAND KITCHEN OVERLOOKING THE DEN W/ CAST STONE FIREPLACE. PRIMARY RETREAT FEAT. WOOD FLOORS & COFFERED CLG W/ A BEAUTIFUL SPA BATH W/ BARREL CEILING, 36X18 TILE FLRS, WALK-IN SHOWER & FREESTANDING TUB. 2ND LEVEL FEAT. A LANDING GALLERY W/ ART NICHES, GAMEROOM W/ WOOD FLOORS & PRIVATE BALCONY OVERLOOKING CLEAR LAKE & 3 SPACIOUS GUEST ROOMS EACH W/ WOOD FLOORS & EN-SUITE BATHROOM. ENTERTAIN W/ EASE ON THE PATIO W/ REMOTE SCREENED SHADE & TURKISH TRAVERTINE TILE, POOL W/ TANNING LEDGE & WATERFALLS, PERGOLA & WALKING PATH TO 2 PRIVATE DEEPWATER 40' BOAT SLIPS W/ WATER & POWER. ADDTL UPDATES INCL WHOLE HOUSE GENERATOR, (2) AC'S IN '19, POOL MOTOR '24, TANKLESS WATER HEATER & REMOTE WINDOW SHADES DOWNSTAIRS. TOO MUCH TO LIST!

Investor Tools

$1,192,000

Estimated Property Value

$344,100Estimated Mortgage Balance

$956,725Estimated Equity

71% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,170 /month

Positive

Cash Flow Estimate:

$2,390 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$802/month

$2,600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,661

$1,039,918

2025

$220,970

$818,948

$1,039,918

Tax History

Year

Tax Paid

Assessed Value

2024

$3,661

$1,039,918

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amegy Mortgage Company Llc

Conventional

$344,100

First

Aug 31, 2012

Sep 2022

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$235,275

$923,725

79%

20%

$2,064/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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