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$325,000

12 Lakeridge Dr, Spring, TX, 77381

PendingInfo
Beds2 Beds
Baths3 Bath
Baths1,976 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$164.47 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Dryer, Dishwasher, Refrigerator
FlooringCarpet, Tile

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9712-00-02900
Lot Number29
SubdivisionWdlnds Forest Lake Twnhms1
Land UseResidential
Legal DescriptionS971200 - WDLNDS FOREST LAKE TWNHMS1, BLOCK 5, LOT 29
Census Tract691100
Assessed Land Value$18,000
Assessed Improvement Value$298,738
Assessment Year2025

About this property

Set in a prime location of The Woodlands, this townhome offers a functional layout with recent updates, including fresh interior paint and brand-new carpet. The first floor features the primary bedroom and a bright living area with natural light. The kitchen connects to the dining space and opens to a private back deck with wooded views. Upstairs includes a secondary bedroom and a flexible game room or study. The home is close to shopping, dining, parks, trails, and major roadways. The HOA covers common areas and shared amenities, including the community pool and pool maintenance, as well as landscaping and upkeep within fenced common areas and along community fence lines. Monthly HOA dues are $420. Homeowners are responsible for the interior and routine maintenance. Roof and exterior items are handled on a case by case basis, with the HOA board evaluating a possible community roof replacement in 2026 or 2027.

Investor Tools

$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,358
$316,738
2025
$18,000
$298,738
$316,738
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,358
$316,738

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
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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12 Lakeridge Dr | Property Details | No Agent List