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$294,000

NAL Estimated Property Value

23242 Canyon Lake Dr, Spring, TX, 77373

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,925 Sq Ft
price_per_sqft$163.64 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size9,561 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN1023550000014
Lot Number14
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 14 BLK 3 TIMBER LANE SEC 1
Census Tract241201
Assessed Land Value$40,154
Assessed Improvement Value$178,018
Assessment Year2025

About this property

Welcome home to this fully renovated 4-bed, 2-bath home with an inviting pool! This home delivers modern upgrades and everyday comfort in a bright, open layout. The backyard features a maintained in-ground pool and patio, perfect for relaxing or hosting gatherings. Inside, enjoy a refreshed kitchen with quartz countertops and an induction cooktop, paired with updated cabinetry and sleek finishes. Luxury til flooring flows through all living areas for durability and easy care. Bathrooms include quartzite counters and ceramic tile floors for a clean, modern feel. The detached garage includes a flex bonus space (ideal for storage or work use) while the opposite side still provides covered vehicle parking. A standout upgrade is the brand-new roof, adding long-term reliability. Turn-key ready – don’t miss out!

Investor Tools

Property Icon
$294,000
Estimated Property Value
$581,558Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,537
$218,172
2025
$40,154
$178,018
$218,172
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,537
$218,172

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kings Mortgage Services Inc
Fha
$291,620
Yes
First
Mar 12, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$581,558
N/A
0%
198%
$3,498/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$3,948/mo
$-1,428/mo
10.3%

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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23242 Canyon Lake Dr | Property Details | No Agent List