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$488,000

NAL Estimated Property Value

16027 Algrave Ln, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.54 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,477 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1143000020024
Lot Number24
SubdivisionChampion Forest
Land UseResidential
Legal DescriptionLT 24 BLK 2 017*C2915074-005-002-024 CHAMPION FOREST SEC 5
Census Tract554002
Assessed Land Value$116,304
Assessed Improvement Value$278,696
Assessment Year2025

About this property

Lovely 2 Story Home Nestled in a Quiet Cul-De-Sac in the Heart of Champion Forest. This 4 Bedroom/3.5 Bathroom Features Hardwood Floors, Tile Flooring and Recently Replaced Carpet Upstairs. An oversized Island in the Kitchen with Granite Countertops and a Wet Bar Allows you to Entertain Family & Friends. The Primary Suite is Located on the First Floor with a Fabulous Renovated Bathroom that includes a Walk-In Shower and Soaking Tub. Upstairs You Will Find a Spacious Game room w/Exposed Wood Beamed Vaulted Ceiling W/Built-In Desk/Study Area, 3 Generous-Sized Secondary Bedrooms & 2 Full Baths. Recently Replaced Items Include: PEX Plumbing, Kitchen Appliances (Stove, Microwave & Oven), AC Units, Sprinkler System, Electrical Panel, Smart Thermostats, Landscaping & Back Fence.

Investor Tools

Property Icon
$488,000
Estimated Property Value
$364,088Estimated Mortgage Balance
$123,912Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$649/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,350
$395,000
2025
$116,304
$278,696
$395,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,350
$395,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$375,250
No
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,088
$88,912
19%
75%
$2,250/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,500/mo
+$90/mo
6.4%

City: Spring

16027 Algrave Ln | Property Details | No Agent List