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$371,521

1715 Melissa Dr, Spring, TX, 77386

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,167 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.48 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesFree-Standing Range, Dishwasher
FlooringTile

Exterior

Lot Size18,000 sqft

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APN8992-01-07400
Lot Number74
SubdivisionSpring Hills North 01
Land UseResidential
Legal DescriptionSPRING HILLS NORTH 01, LOT 74
Census Tract691900
Assessed Land Value$32,400
Assessed Improvement Value$339,121
Assessment Year2025

About this property

You'll love this single family home with 3 bedrooms and 2 bathrooms being sold AS IS. Spacious living area, spacious rooms, walk in closets and a fully fenced yard perfect for entertaining.Situated in the friendly community of Spring Hills.

Investor Tools

Property Icon
$371,521
Estimated Property Value
$216,015Estimated Mortgage Balance
$175,762Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,229 /month
Positive
Cash Flow Estimate:
$743 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,274
$371,521
2025
$32,400
$339,121
$371,521
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,274
$371,521

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$216,015
No
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,759
$175,762
47%
53%
$1,296/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.

Explore Texas Explore This Area
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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1715 Melissa Dr | Property Details | No Agent List