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$293,000

1507 Sungail Dr, Spring, TX, 77386

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,435 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.22 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size18,000 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces5

Land Information

APN8992-01-03800
Lot Number38
SubdivisionSpring Hills North 01
Land UseResidential
Legal DescriptionS899201 - SPRING HILLS NORTH 01, LOT 38
Census Tract691900
Assessed Land Value$32,400
Assessed Improvement Value$241,073
Assessment Year2025

About this property

Look no further!! Truly a rare find in this amazing community of Spring Hills. There is so much potential to this amazing one story property with a large lot and no deed restrictions. Beautiful brick exterior, tile flooring in all areas, carpet in bedrooms only, kitchen is open to living area with a built in office space. Spend all day in the expansive green space consisting of a HUGE storage building, complete with a workshop, storage shed, and a covered patio.Learn new recipes in the kitchen, featuring laminate countertops, an electric cooktop, built-in oven, a breakfast bar, and a dining nook. The neighborhood is located near popular dining, entertainment, and shopping at The Woodlands Mall, Market Street, and Old Town Spring. Commuters enjoy easy access to I-45, the Hardy Toll Road, and the Grand Parkway. Zoned to the highly acclaimed Conroe ISD. Don’t wait any longer!

Investor Tools

Property Icon
$293,000
Estimated Property Value
$240,562Estimated Mortgage Balance
$66,062Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,122
$273,473
2025
$32,400
$241,073
$273,473
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,122
$273,473

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Fha
$240,562
Yes
First
Apr 18, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,938
$72,062
24%
77%
$1,443/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.

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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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1507 Sungail Dr | Property Details | No Agent List