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$2,214,000

NAL Estimated Property Value

1706 Springwood Dr, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths5,652 Sq Ft
price_per_sqft$353.68 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size11,400 sqft

Building Information

Year Built2022
Garage Spaces3

Land Information

APN0802290000035
Lot Number35
SubdivisionSpringwood
Land UseResidential
Legal DescriptionLT 35 BLK 6 SPRINGWOOD
Census Tract520700
Assessed Land Value$513,000
Assessed Improvement Value$1,441,930
Assessment Year2025

About this property

Amazing New Construction in Spring Valley area. Sprawling lot allowing for side by side 3 car garage. This home features high ceilings, large island kitchen open to spacious family room with sliding door and fireplace. Dining room next to kitchen with built in bar and wine storage. Primary bedroom with luxurious bath offering 2 story ceilings, dual shower heads and dream closet (22x14). There is another bedroom with full bath down on opposite side of home. Mud area and spacious laundry room on 1st floor. Second floor features 3 bedrooms, 3 baths, large game room with wet bar and media room or flex space. Secondary laundry upstairs. Upgrades in home include sand and finish wood floors, quartz/quartzite counters, beautiful tile and lighting. Covered patio. Zoned to Valley Oaks, Spring Branch Middle and and Memorial High. Home is built to EFL standards and builder offers 2-10 warranty.

Investor Tools

Property Icon
$2,214,000
Estimated Property Value
$1,300,464Estimated Mortgage Balance
$913,536Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,284 /month
Positive
Cash Flow Estimate:
$4,428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,604/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,178
$1,954,930
2025
$513,000
$1,441,930
$1,954,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,178
$1,954,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$1,378,540
No
First
Apr 28, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,300,464
$885,536
40%
59%
$8,266/mo

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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1706 Springwood Dr | Property Details | No Agent List