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    Condo Near Shopping and Lake Title is generated by Realmo AI

    18519 Egret Bay Boulevard 1802, Houston, TX 77058

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    Claim this Listing
    For Sale
    $159,000

    Condo with lake access, pools, and covered parking.

    Type:Condo/Townhome
    Property size:
    929 SF
    Lot size:
    3.08 Acres
    Price / SF:
    $171/SF
    Added:
    Mar 24, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 6 at 12:05 am

    Property Features for 18519 Egret Bay Boulevard 1802

    General Information

    Standard status
    Active
    Size
    929 SF
    Lot size
    3.08 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1981

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    Listing Contact
    Dana Hilty

    Listing agent Dana Hilty License #0610773

    Listing office UTR TEXAS, REALTORS

    Listing date Mar 24, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of UTR TEXAS, REALTORS

    HighLights

    • Great location near shopping, restaurants, and entertainment.
    • Lake access via boat ramp for boats and jet skis.
    • Two covered parking spots with storage room.
    • Two balconies, one off the kitchen and one off the primary bedroom.
    • Granite counters in kitchen and baths.
    • Two pools and BBQ areas.

    Overview

    Located near shopping, restaurants, and entertainment, this property at 18519 Egret Bay Blvd #1802 features engineered wood floors and granite counters in the kitchen and baths. A gas fireplace is centered in the family room. The property includes two balconies, one off the kitchen and one off the primary bedroom. Mature trees are located throughout the property. Residents have access to the lake from the boat ramp for boats and jet skis, a picnic area, two pools, and BBQ areas. It also includes two covered parking spots with a storage room. The property offers convenient freeway access and is located near schools. The unit size is 929 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $20.4k $21.96
    − Vacancy −$1.3k −$1.36
    EGI $19.1k $20.60
    − OpEx −$8.6k −$9.27
    NOI $10.5k $11.33
    929 SF · lease $21.96/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $150.4K
    $131.6K – $175.4K (±1% cap)
    NOI $10,525 @ 7.0% cap · market cap 6.62%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $238.9K
    $209.0K – $278.7K (±1% cap)
    NOI $16,722 @ 7.0% cap · market cap 10.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lucky Elephant Accessories Corporate Office Down South Psychic Spiritual Center

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.0992178
    Latitude
    29.5401644

    FAQs

    What type of property is this?
    Residential income property - Condo with lake access, pools, and covered parking.
    Where is this residential income property located?
    The property is located at 18519 Egret Bay Boulevard 1802 Houston, TX.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: Great location near shopping, restaurants, and entertainment.; Lake access via boat ramp for boats and jet skis.; Two covered parking spots with storage room.
    More about this property
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