$267,000
NAL Estimated Property Value17123 Mellow Ridge Dr, Spring, TX, 77379
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size7,039 sqft
Building Information
Year Built1977
Garage Spaces2
Land Information
APN1078480000011
Lot Number11
SubdivisionOakwood Glen
Land UseResidential
Legal DescriptionLT 11 BLK 5 017*O0118825-001-005-011 OAKWOOD GLEN SEC 1
Census Tract553804
Assessed Land Value$53,152
Assessed Improvement Value$191,149
Assessment Year2025
About this property
LOCATION IS EVERYTHING! BEAUTIFUL FAMILY HOME ON QUIET STREET IN THE SOUGHT-AFTER KLEIN ISD! THIS DOLLHOUSE COMES COMPLETE WITH A LONG LIST OF UPDATES! NEW A.C AND HEAT, NEW ROOF, ALL NEW FLOORING, ALL NEW WINDOWS, NEW DOORS, NEW FENCE, NEW CONCRETE DOUBLE DRIVEWAY. HOME ALSO FEATURES LARGE OPEN LIVING AREA, FORMAL DINNING, PRIMARY DOWN AND 3 HUGE BEDROOMS UP, GAME ROOM SPACE UP. INTERIOR UTILITY ROOM AND LARGE COVERED PATIO OVERLOOKING THE SPARKLING BLUE POOL! COME TAKE A LOOK TODAY!
Investor Tools
$267,000
Estimated Property Value
$248,324Estimated Mortgage Balance
$19,095Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,769 /month
Positive
Cash Flow Estimate:
$590 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$377/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,189
$244,301
2025
$53,152
$191,149
$244,301
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,189
$244,301
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$261,000
No
First
Aug 23, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,324
$37,676
13%
93%
$1,565/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,915/mo
+$675/mo
11.6%
