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$260,037

23231 Low Ridge Rd, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.95 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size6,242 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1082070000008
Lot Number8
SubdivisionPost Wood
Land UseResidential
Legal DescriptionLT 8 BLK 4 POST WOOD SEC 1 R/P
Census Tract241002
Assessed Land Value$51,168
Assessed Improvement Value$208,869
Assessment Year2025

About this property

Remodeled three bedroom brick home in great condition and ready to move in. Updates include; new two tone paint in-out, tile floors, carpet, fixtures, etc. Remodeled kitchen with white cabinets, granite counter-tops, back-splash tile, new stainless steel appliances and new fixtures. Spacious family room with new tile floors and a brick fireplace. New roof. Good size primary bedroom, with a remodeled bathroom and walk-in closet. Good size bedrooms with new carpet, new ceiling fans and walk-in closets. Spacious back yard. Did not flood during Harvey and not in a flood zone.

Investor Tools

Property Icon
$260,037
Estimated Property Value
$190,000Estimated Mortgage Balance
$71,972Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,084
$260,037
2025
$51,168
$208,869
$260,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,084
$260,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Smart Financial Cu
Conventional
$190,000
No
First
Oct 17, 2025
Nov 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,065
$71,972
27%
72%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,535/mo
+$415/mo
9.0%

Learn About the Market: Opportunity in Texas

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Explore

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Spring

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23231 Low Ridge Rd | Property Details | No Agent List