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$250,000

16827 Markridge Dr, Spring, TX, 77379

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,534 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.84 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,026 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN1141370210068
Lot Number68
SubdivisionColony Creek Village
Land UseResidential
Legal DescriptionLT 68 BLK 21 017*C6061010-002-021-068 COLONY CREEK VILLAGE SEC 2
Census Tract554103
Assessed Land Value$54,934
Assessed Improvement Value$166,841
Assessment Year2025

About this property

Welcome to this stunning one-story home. Recently updated with new interior/exterior paint & new carpet throughout, giving it a fresh and modern look. As you enter, you are greeted by a spacious/inviting living room w/a cozy fireplace. Living room/dining space are set up perfect for entertaining w/ two sets of French doors that open to their own patios, one covered. The kitchen, with fresh painted cabinets +newer appliances, opens to the eat-in breakfast space, and offers access to the utility + 2 car garage. The primary bed is light, bright and boasts a spacious walk-in closet. The luxurious primary bath has an updated walk-in shower + dual vanities. Bedrooms 2/3 have a Jack and Jill bath + walk-in closets. Great location near The Vintage,Whole Foods,restaurants,+more. Zoned to highly rated Klein Schools. Don't miss out on this rare opportunity to own a true gem in The Vintage area. Come see it today and fall in love with all that this stunning property has to offer!

Investor Tools

Property Icon
$250,000
Estimated Property Value
$242,250Estimated Mortgage Balance
$20,684Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
$354/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,764
$221,775
2025
$54,934
$166,841
$221,775
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,764
$221,775

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$242,250
No
First
Jun 9, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,316
$21,684
8%
92%
$1,453/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,807/mo
+$193/mo
9.6%

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.

Explore Texas Explore This Area
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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16827 Markridge Dr | Property Details | No Agent List