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Days280Days on Market
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$1,000,000

119 Heatherwood Drive, Spring, TX, 77386

On MarketInfo
Baths0 Bath
Baths1,497 Sq Ft

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size26,479 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7640-02-21400
Lot Number214
SubdivisionOak Ridge North 02
Land UseResidential
Legal DescriptionOAK RIDGE NORTH 02, LOT 214
Census Tract691801
Assessed Land Value$58,000
Assessed Improvement Value$149,407
Assessment Year2025

About this property

Amazing .6 Acre prime lot strategically located in the heart of Spring, Texas, 77386 just off 45 frontage. This exceptional property offers a lucrative opportunity for development, catering to the vibrant business landscape of the surrounding area. Nestled in close proximity to thriving businesses and offices, this lot is ideally situated for entrepreneurs seeking a strategic location to establish their enterprise. Nearby, you'll find a mix of established businesses, corporate offices, and commercial hubs, creating a dynamic environment for growth and success. The strategic positioning of 119 Heatherwood Drive ensures easy access to key amenities and services, making it an attractive choice for offices, doctor, dentist, lawyer, mechanic, etc. With its convenient location, this lot presents an excellent investment opportunity for those aiming to tap into the local business ecosystem. Don't miss the chance to be part of the flourishing area.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$0Estimated Mortgage Balance
$253,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

Interested in this property?

Erick Harbert

Realty Right

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,458
$207,407
2025
$58,000
$149,407
$207,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,458
$207,407

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$253,000
100%
0%
$0/mo

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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