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$335,000

NAL Estimated Property Value

18207 Mahogany Forest Dr, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,476 Sq Ft
price_per_sqft$121.16 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size9,605 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1071610000006
Lot Number6
SubdivisionMemorial Northwest
Land UseResidential
Legal DescriptionLT 6 BLK 29 017*M1876900-004-029-006 MEMORIAL NORTHWEST SEC 4 PAR R/P
Census Tract556100
Assessed Land Value$65,554
Assessed Improvement Value$260,111
Assessment Year2025

About this property

Stunningly updated family home at the end of a cul de sac! The kitchen was completely gutted and rebuilt with a better functioning layout. Bright white soft close cabinetry with tons of storage, a 5 burner gas stove for the cook, plenty of counter space for the baker and a deep sink for the clean up crew. This home has what you are looking for - PEX plumbing, energy efficient windows, updated electrical box, hand scraped hard wood floors, white tile floors with grey veining (gives it that Carrera Marble look), granite in kitchen and bathrooms. Klein ISD schools with elementary and middle school in the subdivision. Community boasts a water park of their own with hidden gem tennis center and work out facility all included in the annual HOA.

Investor Tools

Property Icon
$335,000
Estimated Property Value
$272,519Estimated Mortgage Balance
$62,481Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
$693/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,265
$325,665
2025
$65,554
$260,111
$325,665
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,265
$325,665

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Conventional
$285,000
No
First
Dec 6, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,519
$53,146
16%
81%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,402/mo
+$188/mo
9.3%

City: Spring

18207 Mahogany Forest Dr | Property Details | No Agent List