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$308,000

NAL Estimated Property Value

1014 Sierra Springs Ln, Spring, TX, 77373

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,427 Sq Ft
price_per_sqft$103.01 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,848 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1240130050021
Lot Number21
SubdivisionSpring Lakes
Land UseResidential
Legal DescriptionLT 21 BLK 5 SPRING LAKES SEC 13
Census Tract241302
Assessed Land Value$56,852
Assessed Improvement Value$243,148
Assessment Year2025

About this property

Welcome to 1014 Sierra Springs in Spring Lakes! This lovely 4/2.5/2 is ready for move in! The home is in a gated neighborhood just minutes from I-45 & the Hardy for great commuter access. The home has an office, formal dining, & spacious living area that opens up to the kitchen & brunch area. It has a split floorplan with the primary suite on the right side of the home that has a huge walk in closet & bathroom! The other side of the home has three bedrooms, a full bath & laundry room. You have no back neighbors & a cozy back porch for your outdoor enjoyment! Make your appointment to see this beauty today!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$245,199Estimated Mortgage Balance
$62,801Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,113
$300,000
2025
$56,852
$243,148
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,113
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Va
$271,095
Yes
First
May 7, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,199
$62,801
20%
80%
$1,626/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,476/mo
+$44/mo
9.8%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Spring

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1014 Sierra Springs Ln | Property Details | No Agent List