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$360,000

18302 Fernbluff Dr, Spring, TX, 77379

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.98 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size13,687 sqft

Building Information

Year Built1992
Stories2
Garage Spaces2

Land Information

APN1150700040031
Lot Number31
SubdivisionShannon Forest
Land UseResidential
Legal DescriptionLT 31 BLK 4 017*S2915536-001-004-031 SHANNON FOREST SEC 1
Census Tract553901
Assessed Land Value$62,221
Assessed Improvement Value$256,540
Assessment Year2025

About this property

Beautifully maintained by original owner, this brick home features 3 BR & 2.5 BA, perfectly situated on a large park-like lot. Upon entering the 2-story foyer, you’ll enjoy a private office (could be used as 4th BR) w/ elegant french doors & formal DR/music room. The LR sits at the back of the home, complete w/ cozy gas FP & large picture window that frames a peaceful backyard. The bright kitchen offers ample cabinetry & generous counter space, along w/ breakfast area highlighted by another oversized picture window that fills the space w/ natural light. Upstairs, you’ll discover 3 BRs along with versatile game room. Primary suite has soaring ceilings & bright en-suite bath featuring double sinks, vanity, jetted soaking tub, & glass shower. The expansive fenced backyard truly feels like your own private park w/ abundant mature trees & patio perfect for relaxing/entertaining. Steps from local pool/park/tennis courts & conveniently located to shopping/dining. ANDERSEN WINDOWS, 2022 HVAC

Investor Tools

Property Icon
$360,000
Estimated Property Value
$0Estimated Mortgage Balance
$360,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
$715/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,497
$318,761
2025
$62,221
$256,540
$318,761
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,497
$318,761

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$361,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$715/mo
+$1,285/mo
6.7%

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.

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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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18302 Fernbluff Dr | Property Details | No Agent List