27Days on Market

1view

$1,650

$1,695

23139 Lestergate Dr, Spring, TX, 77373

On Market

Price Drop

3 Beds

2 Bath

1,488 Sq Ft

Single Family Residence

$1.11 / sqft

Built in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size9,500 sqft

Building Information

Year Built1976

Stories1

Garage Spaces2

Land Information

APN1035210000031

Lot Number31

SubdivisionBirnam Wood

Land UseResidential

Legal DescriptionLT 31 BLK 7 BIRNAM WOOD SEC 1

Census Tract241105

Assessed Land Value$39,618

Assessed Improvement Value$160,862

Assessment Year2025

About this property

Charming 3-Bed Rental in Spring – Birnam Wood! 23139 Lestergate Drive is a move-in-ready, single-story home nestled in a quiet cul-de-sac within the Birnam Wood subdivision of Spring, Texas. Home Highlights Layout: 3 Bed / 2 Bath comfortable, open single-level floor plan. Interior: Fresh neutral paint, tile flooring, plush bedroom carpets, and a cozy family room with a brick fireplace. Kitchen: Modernized workspace with updated cabinetry and a bright attached dining nook. Exterior: Covered back patio and a large, backyard shaded by mature trees. Location & Perks Spring ISD: Family-friendly location situated just 0.4 miles from Mildred Jenkins Elementary. Amenities & Commutes: Walking distance to the community pool and tennis courts; quick access to Hardy Toll Road and I-45. Management: Professionally managed by PPMG with simple online resident tools for portal access and maintenance. Special Offer: Ask about our Military and First Responder Special!

Investor Tools

$200,480

Estimated Property Value

$80,000Estimated Mortgage Balance

$128,545Estimated Equity

60% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,203 /month

Positive

Cash Flow Estimate:

$401 /month

Interested in this property?

Craig Flannery

Ppmg of Texas

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$224/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,689

$200,480

2025

$39,618

$160,862

$200,480

Tax History

Year

Tax Paid

Assessed Value

2024

$1,689

$200,480

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$80,000

First

Apr 30, 2021

May 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$71,935

$131,065

64%

36%

$480/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,950/mo

$480/mo

+$1,470/mo

11.7%

Learn About the Market: Opportunity in Texas

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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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