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$177,207

NAL Estimated Property Value

22827 Melham Lane, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,241 Sq Ft
price_per_sqft$149.07 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1981
Stories1
Garage Spaces1

Land Information

APN1108690000033
Lot Number33
SubdivisionPost Wood
Land UseResidential
Legal DescriptionLT 33 BLK 4 POST WOOD SEC 4
Census Tract241002
Assessed Land Value$48,180
Assessed Improvement Value$129,027
Assessment Year2025

About this property

Welcome to this comfy home sitting on a corner lot located inside a calm neighborhood. Three bedrooms and one bathroom. It is a great starter home for anyone looking to live in Spring, Texas! Tile flooring throughout the home was recently installed. Conveniently located near 1960, I-45, HWY 59, and Hardy Toll Road. George Bush Intercontinental only fifteen minutes away. Great sized backyard and covered patio that was recently built ready for the holiday gatherings. Come take a look!

Investor Tools

Property Icon
$177,207
Estimated Property Value
$3,311Estimated Mortgage Balance
$173,896Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,195
$177,207
2025
$48,180
$129,027
$177,207
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,195
$177,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Stand Alone Second / Subordinate Position
$3,534
No
First
Dec 1, 2022
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,311
$173,896
98%
2%
$22/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$422/mo
+$1,528/mo
13.2%

City: Spring

22827 Melham Lane | Property Details | No Agent List