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$280,000

NAL Estimated Property Value

118 W North Hill Dr, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,278 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$90.43 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size10,498 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APN0985810000147
Lot Number147
SubdivisionEnchanted Oaks
Land UseResidential
Legal DescriptionLT 147 BLK 5 ENCHANTED OAKS SEC 1
Census Tract553401
Assessed Land Value$49,692
Assessed Improvement Value$197,020
Assessment Year2025

About this property

***Multiple offers received Please submit final offers by Sunday 8/29 @6pm*** No showings after 5pm on Sunday. Come see this beautiful home! Home boasts a second downstairs primary bedroom with full bathroom. Gorgeous open concept kitchen that connects to a huge laundry room with plenty of storage. 4 bedrooms with 3 full bathrooms!! New french drain system installed in 2019

Investor Tools

Property Icon
$280,000
Estimated Property Value
$171,035Estimated Mortgage Balance
$108,965Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,489
$246,712
2025
$49,692
$197,020
$246,712
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,489
$246,712

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Conventional
$187,650
No
First
Sep 16, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,035
$107,965
38%
61%
$1,126/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$1,376/mo
+$1,804/mo
13.6%

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.

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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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118 W North Hill Dr | Property Details | No Agent List