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Owner Contacts

$298,000

NAL Estimated Property Value

2318 Colonial Springs Ln, Spring, TX, 77386

Off Market

3 Beds

2 Bath

1,858 Sq Ft

Single Family Residence

$115.72 / sqft

Built in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven

FlooringCarpet, Tile

Exterior

Lot Size5,322 sqft

Building Information

Year Built2004

Stories2

Roof Type105

Garage Spaces2

Land Information

APN9014-10-05200

Lot Number52

SubdivisionSpring Trails 10

Land UseResidential

Legal DescriptionS901410 - SPRING TRAILS 10, BLOCK 1, LOT 52

Census Tract692009

Assessed Land Value$21,288

Assessed Improvement Value$257,612

Assessment Year2025

About this property

IMMACULATE Perry Home in sought after Spring Trails! This 2 story home has all the space you will need! You will LOVE the 10 ft ceilings on the main level! Features 3 BR, 2.5 BA, NEW porcelain wood look tile on main level, freshly painted white cabinets in kitchen with 18" porcelain tile and matching backsplash, cozy corner fireplace in open living room, dining room that can be used as office or flex space, master suite with large walk-in closet, master bath with double sinks and garden tub. The front yard is complete with a brick paved garden seating area and beautiful flower beds! You don't want to miss out on this HUGE backyard w/ no back neighbors! It's ready for your pool! These original owners have taken such pride in maintaining this home so don't miss out! Spring Trails is zoned to the new Grand Oaks high school and exemplary Broadway Elementary. Wonderful amenities include pool, several parks, tennis & basketball courts, walking trails, fishing & more!

Investor Tools

$298,000

Estimated Property Value

$190,253Estimated Mortgage Balance

$107,747Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,788 /month

Positive

Cash Flow Estimate:

$596 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$532/month

$700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,895

$278,900

2025

$21,288

$257,612

$278,900

Tax History

Year

Tax Paid

Assessed Value

2024

$4,895

$278,900

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bay Equity Llc

$219,622

Yes

First

Aug 12, 2019

Sep 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$190,253

$103,747

35%

64%

$1,317/mo

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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