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$338,718

NAL Estimated Property Value

22214 Florence Springs Dr Fl Orence, Hockley, TX, 77447

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,411 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.68 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Dryer, Washer
FlooringTile

Exterior

Lot Size5,079 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1458610010020
Lot Number20
Land UseResidential
Legal DescriptionLT 20 BLK 1 CYPRESS GREEN SEC 1
Census Tract555600
Assessed Land Value$52,446
Assessed Improvement Value$286,272
Assessment Year2025

About this property

Welcome to this beautiful newly constructed home located in the Community of Cypress Green. As you step inside this two story floorpan, you will be greeted with high ceilings and open concept throughout the home. With a Modern Kitchen offering Quartz counter-tops, stainless steel appliances and a water softener system. The primary suite will be located on the first floor, while upstairs you'll find three additional bedrooms and a game room upstairs. NO BACK NEIGHBORS. With easy access to 290, Grand Parkway, Cypress, Katy or Tomball. ALL Appliances, Sprinkler System, Garage Door Opener & Water Softener Included.

Investor Tools

Property Icon
$338,718
Estimated Property Value
$189,390Estimated Mortgage Balance
$149,328Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,032 /month
Positive
Cash Flow Estimate:
$677 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,398
$338,718
2025
$52,446
$286,272
$338,718
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,398
$338,718

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$200,415
No
First
May 31, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,390
$149,328
44%
56%
$1,202/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$2,202/mo
+$298/mo
8.9%

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: Hockley

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22214 Florence Springs Dr Fl Orence | Property Details | No Agent List