$1
22534 Spence Park Ct, Spring, TX, 77373
Pending
Property Lead Type:
AuctionAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size4,360 sqft
Building Information
Year Built2007
Garage Spaces2
Land Information
APN1249810050025
Lot Number25
SubdivisionPark At Northgate Crossing
Land UseResidential
Legal DescriptionLT 25 BLK 5 PARK AT NORTHGATE CROSSING SEC 3
Census Tract241301
Assessed Land Value$50,564
Assessed Improvement Value$206,300
Assessment Year2025
About this property
The list price is not indicative of seller's final reserve amount. This property is part of an online bidding event. Inspections of this property and contact with occupants are strictly prohibited. Property is sold "as is" and no for sale sign allowed.
Investor Tools
$180,361Estimated Mortgage Balance
$77,694Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,541 /month
Positive
Cash Flow Estimate:
$514 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
$560/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,089
$256,864
2025
$50,564
$206,300
$256,864
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,089
$256,864
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$188,000
No
First
Feb 20, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,361
$76,503
29%
70%
$1,128/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,688/mo
+$262/mo
9.1%
