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$376,985

NAL Estimated Property Value

16215 Chipstead Dr, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,695 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.88 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher, Water Purifier
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,757 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1128570000004
Lot Number4
SubdivisionChampion Forest
Land UseResidential
Legal DescriptionLT 4 BLK 6 017*C2915074-003-006-004 CHAMPION FOREST SEC 3
Census Tract554002
Assessed Land Value$118,458
Assessed Improvement Value$258,527
Assessment Year2025

About this property

Beautiful 2 story brick home with 4 bedrooms and a game room. The home features many updates to include Pex Plumbing, Reverse Osmosis filtration system, water softener, exterior paint and much more. The Kitchen features beautiful granite counter tops, white cabinets, update appliances and lovely corner window overlooking the yard. The breakfast room is on one side of the kitchen with the dining room on the other perfect for entertaining. The primary bedroom is on the first floor as well features a bay window area for seating, carpet, ceiling fan and en suite bath with a large vanity area. The second floor of the home features the 3 additional bedrooms, large game room and secondary bathroom. The game room is large enough for a pool table and seating area with full size couches. Two of the secondary bedrooms share a jack and jill bath upstairs. The backyard has a patio area for outdoor seating, lots of greenspace and a detached garage w/added sq. footage to make a 3 car with sidewalk.

Investor Tools

Property Icon
$376,985
Estimated Property Value
$0Estimated Mortgage Balance
$376,985Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,262 /month
Positive
Cash Flow Estimate:
$754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,499
$376,985
2025
$118,458
$258,527
$376,985
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,499
$376,985

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$390,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$250/mo
+$2,340/mo
8.2%

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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16215 Chipstead Dr | Property Details | No Agent List