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$696,000

NAL Estimated Property Value

1470 Springrock Lane 1, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,946 Sq Ft
price_per_sqft$188.12 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size4,704 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1183730010021
Lot Number21
SubdivisionSpringrock Lane
Land UseResidential
Legal DescriptionLT 21 & RES A1 BLK 1 SPRINGROCK LANE SEC 1
Census Tract522301
Assessed Land Value$240,090
Assessed Improvement Value$304,476
Assessment Year2025

About this property

Nestled in an elegant, gated community, this 2-story, 3 bdrm, 2.5 bath is truly an owner's oasis. The exquisite front exterior features a welcoming red brick walkway surrounded by lush landscaping for the ultimate curb-appeal. Inside you will find an immaculate interior with pristine crown molding; a spacious upscale kitchen that provides numerous drawers, cabinets, a magnificent black granite island that would steal the heart of any chef. Also, a large walk-in pantry, as well as a chic butler's pantry with glass doors & cabinet lighting. The rest of the home is breathtaking with high ceilings, wood floors, & a beautiful view of the backyard patio. Ease your mobility upstairs with this convenient elevator or be allured by a wooden staircase. The upper level has two spacious bedrooms and a huge game room. The picturesque backyard Oasis is filled with natural features, landscape lighting, sprinkler system, a gazebo, an arbor & a beautiful garden with a majestic fountain.

Investor Tools

Property Icon
$696,000
Estimated Property Value
$397,672Estimated Mortgage Balance
$298,328Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,176 /month
Positive
Cash Flow Estimate:
$1,392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,914
$544,566
2025
$240,090
$304,476
$544,566
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,914
$544,566

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$423,750
No
First
Jan 17, 2023
Feb 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,672
$298,328
42%
57%
$2,541/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,941/mo
$-1,634/mo
2.3%

City: Houston

1470 Springrock Lane 1 | Property Details | No Agent List