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$243,520

23123 Pelham Prarie Ln, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.86 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size5,171 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1412450030014
Lot Number14
Land UseResidential
Legal DescriptionLT 14 BLK 3 BRECKENRIDGE WEST SEC 5
Census Tract241103
Assessed Land Value$45,082
Assessed Improvement Value$198,438
Assessment Year2025

About this property

Welcome home! This home has fresh interior paint and and new appliances. Windows create a light filled interior with well placed neutral accents. Meal prep is a breeze in the kitchen, complete with a spacious center island. You won’t want to leave the serene primary suite, the perfect space to relax. Additional bedrooms provide nice living or office space. Take advantage of the extended counter space in the primary bathroom complete with double sinks and under sink storage. Take it easy in the fenced in back yard. The sitting area makes it great for BBQs! Don't wait! Make this beautiful home yours today. This home has been virtually staged to illustrate its potential.

Investor Tools

Property Icon
$243,520
Estimated Property Value
$239,580Estimated Mortgage Balance
$16,345Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,978
$243,520
2025
$45,082
$198,438
$243,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,978
$243,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$239,580
Yes
First
Jul 28, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,175
$16,345
6%
93%
$1,437/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,877/mo
+$73/mo
9.6%

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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23123 Pelham Prarie Ln | Property Details | No Agent List