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$214,393

NAL Estimated Property Value

16908 Timberwork Rd # 162, Spring, TX, 77379

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,436 Sq Ft
price_per_sqft$122.56 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1990
Stories2
Garage Spaces2

Land Information

APN1153510350002
SubdivisionChampion Pines Condo 27th Supp
Land UseResidential
Legal DescriptionUNIT 162 BLDG II .7246 INT COMMON LAND & ELE CHAMPION PINES CONDO 27TH SUPP
Census Tract553901
Assessed Land Value$40,735
Assessed Improvement Value$173,658
Assessment Year2025

About this property

Great location in the heart of Klein. You'll love that the HOA takes care of all the exterior of the home as well as the pool, tennis courts and the expansive front yard area. The parking is very convenient, with a two-car garage and parking spaces for visitors. Open the front door to soaring ceilings in the living room with a large brick fireplace and double windows that look out to the front green space. The dining area opens to the kitchen, updated with granite countertops and has stainless appliances. A patio off of the dining area is a great spot for a morning cup of coffee. Upstairs is a game room that overlooks the living room and has a closet and access to the balcony. This can be a great home office, second living space or even a 3rd bedroom by finishing the wall. The primary suite with large walk-in closet and a second bedroom and full bath complete the upstairs. Located just minutes from shopping and dining in Vintage Park and neighborhood HEB.

Investor Tools

Property Icon
$214,393
Estimated Property Value
$139,985Estimated Mortgage Balance
$74,408Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,286 /month
Positive
Cash Flow Estimate:
$429 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,517
$214,393
2025
$40,735
$173,658
$214,393
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,517
$214,393

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$140,800
No
First
Jan 12, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,985
$74,408
34%
65%
$845/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$1,285/mo
+$235/mo
8.5%

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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16908 Timberwork Rd # 162 | Property Details | No Agent List