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$252,000

NAL Estimated Property Value

23207 Canyon Lake Dr, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,077 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.96 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size9,439 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1023580000021
Lot Number21
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 21 BLK 6 TIMBER LANE SEC 1
Census Tract241202
Assessed Land Value$40,089
Assessed Improvement Value$193,731
Assessment Year2025

About this property

What a dream it is to move into a home with so many updates! The sellers put a lot of thought and care into updating the home so the new buyers could just move in and enjoy. In 2021, the roof was replaced, the ductwork was replaced, new vinyl plank flooring and carpet was installed AND the home received a fresh coat of neutral paint to give it that WOW factor. That translates to you can just move in and enjoy showing off your updated home to all of your guests! This 1 story is a GEM because it has a HUGE game room perfect for movies, entertaining, or a date night in. To top it all off, this home also has a HUGE backyard, a stunning brick fireplace that spans an entire wall, a dedicated laundry room AND a wet bar. As if this home having tons of awesome features and being move in ready wasn't already a dream, you also get to enjoy being conveniently located off of Aldine Westfield which gives you plenty of access to restaurants, stores, & entertainment nearby. What are you waiting for?!

Investor Tools

Property Icon
$252,000
Estimated Property Value
$110,047Estimated Mortgage Balance
$141,953Estimated Equity
56% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,990
$233,820
2025
$40,089
$193,731
$233,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,990
$233,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$136,039
Yes
First
Mar 24, 2017
Apr 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,047
$141,953
56%
44%
$816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,216/mo
+$734/mo
9.3%

City: Spring

23207 Canyon Lake Dr | Property Details | No Agent List