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$278,000

NAL Estimated Property Value

1927 Louetta Point Circle, Spring, TX, 77388

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,344 Sq Ft
price_per_sqft$125.85 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,920 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1249160050008
Lot Number8
SubdivisionLouetta Glen
Land UseResidential
Legal DescriptionLT 8 BLK 5 LOUETTA GLEN SEC 1
Census Tract553405
Assessed Land Value$48,489
Assessed Improvement Value$225,145
Assessment Year2025

About this property

Beautiful 2 story home on corner lot in highly desirable community of Louetta Glen. The home features high ceilings and wood floors in the formal Livingroom and dining room with lots of space to entertain. The kitchen features updated 42 inch cabinets designer subway tile backsplash and quartz countertop for a modern touch. Dishwasher and microwave are new kitchen island stays with the home to complement the breakfast nook area. Secondary living room is spacious with a fireplace an lots of natural lighting. The large master bedroom offers two large walking closets. Master bath has separate shower and tub with dual sinks and updated vanity. The rooms are spacious with large closets , the game room can serve as an additional living area or tv room. This home sits on a corner lot and the backyard is large with a concrete patio. Call us for an appt.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$296,801Estimated 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
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,983
$273,634
2025
$48,489
$225,145
$273,634
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,983
$273,634

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Fha
$304,937
Yes
First
Nov 7, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,801
N/A
0%
107%
$1,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$2,379/mo
+$801/mo
13.7%

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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1927 Louetta Point Circle | Property Details | No Agent List