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Days81Days on Market
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$609,000

8709 Ojeman Villas Drive, Houston, TX, 77055

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,226 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.58 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-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 Size1,573 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1468930010004
Lot Number4
Land UseResidential Single Family
Legal DescriptionLT 4 BLK 1 MEMORIAL LUXURY VILLAS
Assessed Land Value$173,340
Assessed Improvement Value$136,873
Assessment Year2025

About this property

Presenting Memorial Luxury Villas—a new construction residential development in 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

$509,780Estimated Mortgage Balance
$93,220Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,654 /month
Positive
Cash Flow Estimate:
$1,218 /month

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Abe Alqalam

District Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$978
$310,213
2025
$173,340
$136,873
$310,213
No

Tax History

Year
Tax Paid
Assessed Value
2024
$978
$310,213

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
$509,780
$93,220
15%
85%
$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
3.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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8709 Ojeman Villas Drive | Property Details | No Agent List