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$522,000

NAL Estimated Property Value

1306 Lambourne Circle, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,998 Sq Ft
price_per_sqft$166.78 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System
Lot Size12,920 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1193540030035
Lot Number35
SubdivisionThe Lake Estates
Land UseResidential
Legal DescriptionLT 35 BLK 3 THE LAKE ESTATES GLEANNLOCH FARMS SEC 2
Census Tract554808
Assessed Land Value$75,999
Assessed Improvement Value$414,657
Assessment Year2025

About this property

Spacious living with this updated, full brick 1 story with a saltwater pool/spa/waterfall, frontload 3 car garage is detached with an extended driveway and cul-de-sac location. Steps to neighborhood pool, lake, clubhouse and tennis courts. Easy walk to Hassler elementary for the kiddos. Updates include Kitchen, baths, roof, full HVAC replacement, newer Pella double pane windows, HWH and the list goes on. Oversized dining room with elegant fireplace and brass chandelier. Open concept kitchen to den with fireplace and great backyard pool views. Remodeled Kitchen with loads of counter and storage space, Bosch and KitchenAid appliances, LED lighting. Split plan primary bedroom with double closets, updated primary bath with quartz countertops, new tile flooring and new shower area.5th BR could easily be study. Pergola covered patio and lush, colorful backyard. One block to Sotherloch and Gleannloch Lake for walking trails, catch and release fishing. Check out the update list online.

Investor Tools

Property Icon
$522,000
Estimated Property Value
$433,828Estimated Mortgage Balance
$88,172Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,132 /month
Positive
Cash Flow Estimate:
$1,044 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$833/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,380
$490,656
2025
$75,999
$414,657
$490,656
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,380
$490,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bell Bank
Conventional
$450,000
No
First
May 20, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$433,828
$88,172
16%
83%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$3,798/mo
$-1,208/mo
6.0%

Learn About the Market: Opportunity in Texas

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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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1306 Lambourne Circle | Property Details | No Agent List