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$590,000

NAL Estimated Property Value

8702 Ojeman Villas Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,226 Sq Ft
price_per_sqft$278.08 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,525 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1468930020001
Lot Number1
Land UseResidential Single Family
Legal DescriptionLT 1 BLK 2 MEMORIAL LUXURY VILLAS
Assessed Land Value$172,822
Assessed Improvement Value$136,888
Assessment Year2025

About this property

Presenting Memorial Luxury Villas—a new construction residential development in the vibrant Spring Branch neighborhood of Houston, TX. Crafted with meticulous attention to detail by Region Design Construction, these luxurious homes feature top-quality materials and innovative designs to meet today’s lifestyle needs. Zoned to A-rated public schools, this 16-unit community offers 3-bedroom, 3.5-bathroom residences with 2,226 sqft of living space. Highlights include a spacious second-floor balcony and an expansive fourth-floor terrace, ideal for relaxation and entertainment in a growing area.

Investor Tools

Property Icon
$590,000
Estimated Property Value
$510,523Estimated Mortgage Balance
$79,477Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,714 /month
Positive
Cash Flow Estimate:
$1,238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$975
$309,710
2025
$172,822
$136,888
$309,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$975
$309,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tvc Funding Iii Llc
Commercial
$512,000
No
First
Mar 27, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$510,523
$79,477
13%
87%
$3,070/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,220/mo
$-1,498/mo
3.5%

City: Houston

8702 Ojeman Villas Dr | Property Details | No Agent List