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$349,719

1202 Lemm Road 2, Spring, TX, 77373

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.63 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size18,056 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN0991030000031
Lot Number31
SubdivisionLynwood Estates R/P
Land UseResidential
Legal DescriptionLT 31 BLK 3 LYNWOOD ESTATES R/P
Census Tract241302
Assessed Land Value$74,408
Assessed Improvement Value$275,311
Assessment Year2025

About this property

NEED LAND?... THIS PROPERTY OFFERS A HUGE CORNER LOT - with NO HOA - TONS of Possibilities for storing your boat or RV - Commercial Businesses are already situated on this street! This Home has a Versatile Floor plan - Great for Entertaining - Open Floor plan to Kitchen and Family Room - Beautifully Updated Kitchen with Stainless Steal Appliances, Lots Cabinets and Counter Tops - Spacious Bedrooms - Primary Bedroom plus Secondary Bedroom both downstairs - Updates include: Roof, HVAC system , Kitchen, Windows, Primary Bathroom + Primary Closet, Carpet, Flooring and Paint! The Property is located near Hardy Toll Road and I 45 North Freeway - with easy access to The Woodlands, to the airport and even to Downtown. This home is a MUST SEE!

Investor Tools

Property Icon
$349,719
Estimated Property Value
$0Estimated Mortgage Balance
$349,719Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,098 /month
Positive
Cash Flow Estimate:
$699 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$108
$349,719
2025
$74,408
$275,311
$349,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$108
$349,719

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$349,719
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
N/A
+$2,520/mo
8.6%

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.

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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1202 Lemm Road 2 | Property Details | No Agent List