$247,136
NAL Estimated Property Value2318 Otter Falls Dr, Spring, TX, 77373
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate
Exterior
Lot Size4,600 sqft
Building Information
Year Built2021
Garage Spaces2
Land Information
APN1416340050019
Lot Number19
Land UseResidential
Legal DescriptionLT 19 BLK 5 BRECKENRIDGE WEST SEC 8
Census Tract241103
Assessed Land Value$44,615
Assessed Improvement Value$202,521
Assessment Year2025
About this property
Welcome to your new home in the desired Breckenridge Forest community in Spring, TX. With 3 bedrooms, 2 baths and a open concept over looking the main living space and kitchen area. The color scheme is bright and light with carpet located only in the bedrooms. The primary suite offers plenty of space and an ensuite primary bath with dual sinks walk-in closet and a tub/shower combo. The backyard offers patio space to entertain family and friends. Schedule your showing today and make this gorgeous house your home today!
Investor Tools
$247,136
Estimated Property Value
$188,446Estimated Mortgage Balance
$58,690Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
$400/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,181
$247,136
2025
$44,615
$202,521
$247,136
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,181
$247,136
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$198,400
No
First
Aug 30, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,446
$58,690
23%
76%
$1,190/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,590/mo
+$360/mo
9.5%
