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$886,000

NAL Estimated Property Value

1702 Springwood Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,183 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$322.95 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size11,400 sqft

Building Information

Year Built1956
Stories1
Garage Spaces3

Land Information

APN0802290000037
Lot Number37
SubdivisionSpringwood
Land UseResidential
Legal DescriptionLT 37 BLK 6 SPRINGWOOD
Census Tract520700
Assessed Land Value$513,000
Assessed Improvement Value$144,152
Assessment Year2025

About this property

Charming brick home in Timber Creek with mature oaks trees. A functionable double-wide driveway provides ample parking and welcomes you into this three bedroom home. This space is perfect for both work and play! The home office at the entrance of the house will fit all of your work from home needs, while the covered patio in the backyard offers a tranquil outdoor entertaining space. The kitchen opens up to the living room surrounded by windows. The primary bedroom with ensuite bathroom is across the hall from the two secondary bedrooms. Zoned to coveted Valley Oaks Elementary, Spring Branch Middle, and Memorial High Schools.

Investor Tools

Property Icon
$886,000
Estimated Property Value
$0Estimated Mortgage Balance
$886,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,316 /month
Positive
Cash Flow Estimate:
$1,772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,202
$657,152
2025
$513,000
$144,152
$657,152
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,202
$657,152

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$844,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
2.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1702 Springwood Dr | Property Details | No Agent List