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$268,000

2015 Louetta Brook Court, Spring, TX, 77388

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,661 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.35 / sqft
Year BuiltBuilt in 1999

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, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,869 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1204830020049
Lot Number49
SubdivisionLouetta Woods
Land UseResidential
Legal DescriptionLT 49 BLK 2 LOUETTA WOODS
Census Tract553403
Assessed Land Value$54,036
Assessed Improvement Value$209,024
Assessment Year2025

About this property

MOVE-IN READY OPPORTUNITY!!! Beautifully maintained 3-bedroom, 2-bath home on a quiet cul-de-sac just minutes from I-45 with easy access to Downtown and The Woodlands. This open-concept floor plan features high ceilings, updated fixtures, and tile flooring throughout the main living areas. The spacious family room showcases a gorgeous wood-burning fireplace and flows seamlessly into the dining area. The kitchen opens to a bright breakfast room filled with natural light and offers a wraparound bar, 42” cabinets with hardware, stainless dishwasher and microwave. Recently painted interior walls in main living add a fresh, modern feel. The private primary suite features rich hardwood floors, a large walk-in closet, dual vanities, soaking tub, and updated shower surround. Generously sized secondary bedrooms. Enjoy outdoor living on the large covered patio with ceiling fan and soaring cathedral ceilings. Peaceful street, prime location!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$202,432Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

Interested in this property?

Desirae Bell

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
$465/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,394
$263,060
2025
$54,036
$209,024
$263,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,394
$263,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Suntrust Mortgage Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$140,000
No
First
May 24, 2006
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,568
$202,432
75%
24%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$465/mo
+$1,995/mo
11.0%

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: Spring

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2015 Louetta Brook Court | Property Details | No Agent List