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B+
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$289,998

15707 Spring Forest Dr, Houston, TX, 77059

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.97 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size7,802 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1081800000030
Lot Number30
SubdivisionMiddlebrook
Land UseResidential
Legal DescriptionLT 30 BLK 25 MIDDLEBROOK SEC 2
Census Tract340302
Assessed Land Value$62,900
Assessed Improvement Value$227,098
Assessment Year2025

About this property

Enjoy your own private retreat with a sparkling pool and shaded backyard sitting area, perfect for relaxing or entertaining. Large windows in the living room, kitchen, and primary bedroom offer gorgeous views of the pool. The living room features soaring ceilings and updated flooring, while the spacious kitchen includes ample cabinets, and a new stovetop. The primary bedroom offers new carpet and a peaceful poolside view. Throughout the home, you'll find modern hardware and tons of natural light. A recently replaced water heater and new pool filter equipment and pipe adds peace of mind. Located in the charming Middlebrook neighborhood, which is known for its fabulous walking trails and fantastic Clear Creek ISD schools. Walkable to HEB and close to plenty of shopping, restaurants, and entertainment—this home offers an ideal blend of features and location!

Investor Tools

Property Icon
$289,998
Estimated Property Value
$256,500Estimated Mortgage Balance
$36,868Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,330
$289,998
2025
$62,900
$227,098
$289,998
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,330
$289,998

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bay Cu
Conventional
$256,500
No
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,130
$36,868
12%
87%
$1,538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,038/mo
+$542/mo
10.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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15707 Spring Forest Dr | Property Details | No Agent List