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B+

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Owner Contacts

$324,000

20010 Hemingstone Ln, Spring, TX, 77388

Off Market

3 Beds

2 Bath

2,346 Sq Ft

Single Family Residence

$117.22 / sqft

Built in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven

FlooringCarpet, Tile, Wood

Exterior

Lot Size6,290 sqft

Building Information

Year Built2004

Garage Spaces2

Land Information

APN1261360010015

Lot Number15

SubdivisionLouetta Lakes

Land UseResidential

Legal DescriptionLT 15 BLK 1 LOUETTA LAKES SEC 4

Census Tract553403

Assessed Land Value$53,448

Assessed Improvement Value$259,964

Assessment Year2025

About this property

Charming & updated single-story home in Louetta Lakes, w/3 beds, 2 full baths, & 2-car attached garage w/ custom shelving. Features brand new hardwood & carpet, fresh designer paint, pre-wired alarm system, Ring video doorbell, recent roof, tankless water heater, in-ground sprinkler system & more. 2,346 sq.ft. floor plan complete w/study behind French doors, elegant formal dining, & spacious family room w/gaslog fireplace & surround sound. Chef's kitchen boasts dark wood cabinets & modern SS appliances; including gas oven/5-burner range & built-in microwave. Primary Suite offers en-suite bath w/dual sinks, garden tub + shower & huge walk-in closet w/custom built-ins. Covered patio w/extended retractable awning overlooks perennial backyard w/lush & easy maintenance landscape. Louetta Lakes offers 4+ acre stocked lake for fishing, 5 acre park w/jr. Olympic swimming pool & water slides, sports courts & fields, park/playground & more. Near I-45 for easy commute to Houston & Woodlands.

Investor Tools

$324,000

Estimated Property Value

$226,400Estimated Mortgage Balance

$117,646Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,944 /month

Positive

Cash Flow Estimate:

$648 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$518/month

$475/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,595

$313,412

2025

$53,448

$259,964

$313,412

Tax History

Year

Tax Paid

Assessed Value

2024

$4,595

$313,412

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Conventional

$226,400

First

Sep 24, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$206,354

$115,646

35%

64%

$1,358/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,460/mo

$1,833/mo

+$627/mo

9.1%

Learn About the Market: Opportunity in Texas

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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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