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$400,000

NAL Estimated Property Value

1602 Lindsey Terrace Lane, Spring, TX, 77386

$411,224 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,722 Sq Ft
price_per_sqft$141.44 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size6,463 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9014-08-03900
Lot Number39
SubdivisionSpring Trails 08
Land UseResidential
Legal DescriptionS901408 - SPRING TRAILS 08, BLOCK 1, LOT 39
Census Tract692009
Assessed Land Value$25,852
Assessed Improvement Value$374,148
Assessment Year2025

About this property

Well maintained, updated one story home in the sought after community of Spring Trails. As you enter, notice the 10 ft ceilings, neutral paint colors, new luxury vinyl flooring throughout all the main areas, & updated lighting. Large study at the front of the home w/ French doors, in home laundry room w/ space for an extra fridge, & formal dining for entertaining. The kitchen has been updated, featuring white cabinets, undermount lighting, updated backsplash, stainless steel appliances w/ gas range, & quartz counter tops. Kitchen is open to the breakfast area & living room. Breakfast area has plenty of space to be your everyday eating area. This split floor plan has 4 bedrooms and 2 full bathrooms. The primary bedroom is oversized and features a huge walk in closet. Secondary bedrooms are all a good size w/ access to the secondary bathroom. The low maintenance yard is the perfect amount of space to grill and enjoy your morning coffee. Community has pool, parks, trails, & sports courts.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$237,457Estimated Mortgage Balance
$162,543Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$411,224
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$765/month
$780/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,180
$400,000
2025
$25,852
$374,148
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,180
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$250,000
No
First
Aug 16, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,457
$162,543
40%
59%
$1,499/mo

City: Spring

1602 Lindsey Terrace Lane | Property Details | No Agent List