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$254,000

NAL Estimated Property Value

1918 Invermere Drive, Spring, TX, 77386

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,363 Sq Ft
price_per_sqft$182.69 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh 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, Dryer, Refrigerator, Washer

Exterior

Lot Size6,900 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6115-03-03000
Lot Number16
SubdivisionImperial Oaks 03
Land UseResidential
Legal DescriptionIMPERIAL OAKS 03, BLOCK 16, LOT 16
Census Tract691900
Assessed Land Value$58,000
Assessed Improvement Value$174,267
Assessment Year2025

About this property

Welcome to 1918 Invermere Drive in Imperial Oaks! This charming 3 bedroom, 2 full bath, with office and room above the garage is ready for you to call it home. The home has recent updates including laminate plank flooring, PEX piping, updated kitchen cabinets, counters & appliances, along with fully updated primary bathroom! The home has a very efficient use of space with the living, dining & kitchen spaces all open to one another + gas fireplace & extra accent shelving with outlets for decorating or electronics. The primary bedroom has double sinks, large clawfoot tub, oversized walk-in shower & walk-in closet. The office is a 14x10 space that was added to the home(was an atrium) & includes PEX control panel & secret closet. The home has 2 bedrooms and 1 full bath, plus the hidden gem of an added flex space/bedroom above the garage that includes a walk-in closet and attic access! The property has an oversized gate to the backyard to store your favorite outdoor equipment too!

Investor Tools

Property Icon
$254,000
Estimated Property Value
$222,175Estimated Mortgage Balance
$31,825Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,028
$232,267
2025
$58,000
$174,267
$232,267
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,028
$232,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Fha
$233,516
Yes
First
Sep 22, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,175
$31,825
12%
87%
$1,401/mo

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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1918 Invermere Drive | Property Details | No Agent List