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$222,433

NAL Estimated Property Value

1407 Rising Springs Lane, Houston, TX, 77073

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,798 Sq Ft
price_per_sqft$111.23 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Dishwasher

Exterior

Lot Size4,400 sqft

Building Information

Year Built2006
Garage Spaces1

Land Information

APN1280650020023
Lot Number23
SubdivisionMeadowview Farms
Land UseResidential
Legal DescriptionLT 23 BLK 2 MEADOWVIEW FARMS SEC 5
Census Tract240706
Assessed Land Value$45,100
Assessed Improvement Value$177,333
Assessment Year2025

About this property

Welcome to 1407 Rising Springs Ln, a two-story home offering 4 bedrooms, 2.5 baths, and 1,798 sqft with a functional layout. The primary bedroom is located on the first floor, along with a full bathroom and a half bath for guests. Major updates include an HVAC system installed in 2025 and a roof that’s approximately 5 years old. The home also features a new gas stove and new microwave, with a layout that offers both space and flexibility. Upstairs includes the remaining bedrooms, a full bathroom, and a game room perfect for extra living space, a home office, or entertainment. Located just 15 minutes from the airport with easy access to major highways, shopping, and dining. Schedule your showing today and come see the potential this home has to offer!

Investor Tools

Property Icon
$222,433
Estimated Property Value
$58,521Estimated Mortgage Balance
$163,912Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,335 /month
Positive
Cash Flow Estimate:
$445 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
$562/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,038
$222,433
2025
$45,100
$177,333
$222,433
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,038
$222,433

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citimortgage Inc
Purchase Money Mortgage
$119,300
No
First
Nov 29, 2006
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,521
$163,912
73%
26%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$562/mo
+$1,664/mo
12.0%

City: Houston

1407 Rising Springs Lane | Property Details | No Agent List