$289,000
23202 Joy Ridge Dr, Spring, TX, 77373
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size10,502 sqft
Building Information
Year Built2017
Garage Spaces1
Land Information
APN1381110020022
Lot Number22
Land UseResidential
Legal DescriptionLT 22 BLK 2 BRECKENRIDGE FOREST SEC 11
Census Tract241104
Assessed Land Value$49,960
Assessed Improvement Value$199,143
Assessment Year2025
About this property
Gorgeous single-story home on a quiet street in Breckenridge Forest, just minutes from IAH and Downtown Houston. Layout includes formal dining, spacious kitchen with ample storage, island, and open living room. Primary bedroom boasts jetted tub with head rest, walk-in closet, and shelving. Oversized, fully fenced lot is one of the largest in the area. Enjoy living in a home with plenty of natural light and privacy from your neighbors.
Investor Tools
$195,241Estimated Mortgage Balance
$53,862Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
$511/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,864
$249,103
2025
$49,960
$199,143
$249,103
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,864
$249,103
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$178,693
Yes
First
Jun 28, 2017
Jul 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,241
$53,862
21%
78%
$1,404/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,915/mo
+$35/mo
9.4%
