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$243,000

NAL Estimated Property Value

17722 Mellow Ridge Dr, Spring, TX, 77379

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.98 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringVinyl

Exterior

Lot Size6,930 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1115500000037
Lot Number37
SubdivisionOakwood Glen
Land UseResidential
Legal DescriptionLT 37 BLK 11 017*O0118825-002-011-037 OAKWOOD GLEN SEC 2
Census Tract553804
Assessed Land Value$53,064
Assessed Improvement Value$179,300
Assessment Year2025

About this property

Move-In Ready & Updated One-Story! Located in Oakwood Glen with tons of updates. Recent improvements include: fresh interior paint, new vinyl plank flooring throughout (tile in baths), vinyl double-pane windows and patio doors, updated appliances, new furnace and whole-house air filter (approx. 2–3 yrs). A spacious living room with vaulted ceiling and brick fireplace flows into the open formal dining, well appointed kitchen with plenty of storage space, SS appliances, breakfast area & laundry room with additional storage. Primary suite features updated vanity, modern mirrors, walk-in closet, soaking tub + separate shower. Also enjoy an attached 2-car garage & spacious backyard w/ a large covered pergola, and large attached locking storage room w/ access from the back yard. Located on a quiet dead-end street with limited traffic. Walkable to the elementary school and close to the Oakwood Glen community pool, park, and tennis courts. Don’t miss out!

Investor Tools

Property Icon
$243,000
Estimated Property Value
$487,335Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,491 /month
Positive
Cash Flow Estimate:
$497 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
$538/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,258
$232,364
2025
$53,064
$179,300
$232,364
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,258
$232,364

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$243,998
Yes
First
Jun 12, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$487,335
N/A
0%
201%
$2,970/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$3,508/mo
$-1,508/mo
9.9%

Learn About the Market: Opportunity in Texas

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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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17722 Mellow Ridge Dr | Property Details | No Agent List