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$315,000

18338 Melissa Springs Dr, Tomball, TX, 77375

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.84 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesBack Green Space, Side Yard
Lot Size7,527 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1260120010029
Lot Number29
SubdivisionMemorial Springs
Land UseResidential
Legal DescriptionLT 29 BLK 1 MEMORIAL SPRINGS SEC 10
Census Tract554805
Assessed Land Value$52,749
Assessed Improvement Value$266,668
Assessment Year2025

About this property

Welcome to this spacious two-story brick home situated on a desirable corner lot in an established Tomball community. This well-maintained residence offers a bright and functional floor plan with generous living spaces, abundant natural light, and large windows throughout. The open-concept layout flows seamlessly into the kitchen, featuring ample cabinet and countertop space, making it ideal for everyday living and entertaining. The private primary suite provides a relaxing retreat, while the secondary bedrooms offer flexibility for family, guests, or a home office. Outside, enjoy a fully fenced backyard with plenty of room for outdoor activities, gardening, or future enhancements. A two-car attached garage and mature landscaping complete this inviting property. Conveniently located near shopping, dining, parks, and major commuter routes with easy access to The Woodlands, Spring, and Houston.

Investor Tools

Property Icon
$319,417
Estimated Property Value
$283,240Estimated Mortgage Balance
$40,806Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,917 /month
Positive
Cash Flow Estimate:
$639 /month

Interested in this property?

Erick Harbert

Realty Right

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,055
$319,417
2025
$52,749
$266,668
$319,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,055
$319,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Stand Alone Second / Subordinate Position
$14,162
No
First
Feb 17, 2023
Feb 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,611
$40,806
12%
87%
$1,784/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$2,214/mo
$-304/mo
7.2%

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: Tomball

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18338 Melissa Springs Dr | Property Details | No Agent List