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$334,000

NAL Estimated Property Value

1703 Melissa Dr, Spring, TX, 77386

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,710 Sq Ft
price_per_sqft$157.89 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size18,000 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8992-01-07100
Lot Number71
SubdivisionSpring Hills North 01
Land UseResidential
Legal DescriptionS899201 - SPRING HILLS NORTH 01, LOT 71
Census Tract691900
Assessed Land Value$32,400
Assessed Improvement Value$247,600
Assessment Year2025

About this property

Country living smack dab in the city, best of both worlds! Spring Hills North is in the process of gentrification with the building of newer homes and restoring current ones. Home has been refreshed with recent exterior paint and new interior paint. Updated appliances, updated garage doors and door openers. BRAND NEW water well 310ft deep concreated for added protection against leaching. Large flex room that can also be used as a 4th bedroom. Lots of natural light, welcoming front porch, NO HOA & NO restrictions in this neighborhood. Attractive ceramic wood flooring. NEW CARPET Extra long drive way for those great family gatherings, the protentional is off the chart for this charming home, last but not least, LOW TAX RATE!

Investor Tools

Property Icon
$334,000
Estimated Property Value
$188,431Estimated Mortgage Balance
$145,569Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,302
$280,000
2025
$32,400
$247,600
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,302
$280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$199,400
No
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,431
$121,569
39%
56%
$1,196/mo

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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1703 Melissa Dr | Property Details | No Agent List