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$313,000

NAL Estimated Property Value

17515 Sorrel Ridge Dr, Spring, TX, 77388

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,498 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.1 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony
Lot Size15,660 sqft

Building Information

Year Built1977
Garage Spaces2

Land Information

APN1060700000064
Lot Number64
SubdivisionCypresswood
Land UseResidential
Legal DescriptionLT 64 BLK 14 CYPRESSWOOD SEC 5
Census Tract553500
Assessed Land Value$63,126
Assessed Improvement Value$215,249
Assessment Year2025

About this property

Stunning Cypresswood 3 Bdrm/2.5 Bath 2498 SF home situated on a 1/3+ acre lot. The Impressive Living Room (featuring a gas/wood burning fireplace w/ shiplap surround & beam mantle, vaulted beamed ceiling, wall of windows, and custom niche w/ shelving & gorgeous barn doors) is open to the Dining Room. Spacious kitchen w/ ample cabinet/counter space; window over sink; pantry; 5 burner range; dishwasher; microwave & bright brkfst area. 1st floor gameroom (or could be a great home office, den, exercise room, etc…you choose). Lrg Primary Suite w/ dual sinks, walk-in shower & 2 closets. Cvrd Patio & fully fenced back yard w/ no back neighbors…great for BBQs. Oversized 2 Car Detached Garage. Recent Updates incl: Whole House Re-piped; Interior/Exterior Paint; Fence; Flooring; Mirrors; Cab Hardware; Garage Door; Lighting; Fireplace Surround; etc. Community Pools, Clubhouse, Pavilion, Tennis, Playground, Walking Trail. Convenient to I45, 1960, shopping, restaurants & Exxon Campus. NEVER FLOODED!

Investor Tools

Property Icon
$313,000
Estimated Property Value
$244,236Estimated Mortgage Balance
$68,764Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
$535/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,551
$278,375
2025
$63,126
$215,249
$278,375
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,551
$278,375

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$264,000
No
First
May 27, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,236
$58,764
19%
78%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$2,118/mo
+$342/mo
9.4%

City: Spring

17515 Sorrel Ridge Dr | Property Details | No Agent List