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$228,000

NAL Estimated Property Value

22803 Lemon Grove Dr, Spring, TX, 77373

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,954 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.27 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size8,281 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1070870000006
Lot Number6
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 6 BLK 36 TIMBER LANE SEC 5
Census Tract241201
Assessed Land Value$54,445
Assessed Improvement Value$164,342
Assessment Year2025

About this property

Beautiful 4 bed 2 1/2 bath two story home on a large lot. Home features and large updated kitchen with lots of cabinet space, large living area with fireplace. Spacious master bedroom with large walk-in closet and a cover patio. This home is located near shopping, dining and easy access to major highways. Home never flooded!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$218,423Estimated Mortgage Balance
$9,577Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,217
$218,787
2025
$54,445
$164,342
$218,787
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,217
$218,787

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Home Loans Inc
Fha
$230,743
Yes
First
Jun 27, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,423
$18,577
7%
96%
$1,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,834/mo
+$686/mo
13.3%

City: Spring

22803 Lemon Grove Dr | Property Details | No Agent List