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A+
NoAgentList RatingHow are grades calculated? Info

$380,000

2003 Running Springs Dr, Houston, TX, 77339

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,013 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.59 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size10,799 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1032460000013
Lot Number13
SubdivisionTrailwood Village
Land UseResidential
Legal DescriptionLT 13 BLK 10 TRAILWOOD VILLAGE SEC 1
Census Tract251100
Assessed Land Value$77,760
Assessed Improvement Value$302,240
Assessment Year2025

About this property

No flooding here! This beautifully updated home sits on a large 1/4 acre lot in upfront Kingwood. A cozy entry opens to a show stopping brick fireplace. The massive kitchen island boasts plenty of storage and natural light pours in through the sky light (replaced 2019). You will find all stainless steel appliances, under cabinet lighting, and custom cabinetry. This open floor plan makes it easy for families to enjoy each others company! The sunroom comes equipped with a built in desk that is perfect for home schooling or working from home. The primary bedroom opens to a private patio with newly planted landscape. Primary bathroom shower newly tiled (8/2020)! Large walk in closets. Move upstairs to find a study (could be used as a 5th bedroom), a fully updated bathroom, and 3 generously sized bedrooms. Hot water heater 2019. Interior and exterior paint 2019. Motorized driveway gate! Most downstairs windows replaced 2019. Easy access to IAH, downtown Houston, & Kingwood Medical Center!

Investor Tools

Property Icon
$380,000
Estimated Property Value
$0Estimated Mortgage Balance
$380,000Estimated 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
$466/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,694
$380,000
2025
$77,760
$302,240
$380,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,694
$380,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$380,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$390/mo
+$2,280/mo
8.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2003 Running Springs Dr | Property Details | No Agent List