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$272,484

23306 Bayleaf Dr, Spring, TX, 77373

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,544 Sq Ft
price_per_sqft$0.71 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,425 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1089300000003
Lot Number3
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 3 BLK 8 TIMBER LANE SEC 6
Census Tract241202
Assessed Land Value$39,542
Assessed Improvement Value$232,942
Assessment Year2025

About this property

A spacious and move-in ready 5-bedroom, 3-bathroom home in Spring is now available. This home features an open living area, large closets and easy access to major highways. Home has new flooring, new appliances and a fresh coat of paint.

Investor Tools

Property Icon
$272,484
Estimated Property Value
$23,000,000Estimated Mortgage Balance
$0Estimated Equity
-8341% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,635 /month
Positive
Cash Flow Estimate:
$545 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,273
$272,484
2025
$39,542
$232,942
$272,484
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,273
$272,484

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independence Bank
Commercial
$23,000,000
No
First
Oct 1, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,351,112
N/A
0%
8203%
$137,897/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$137,897/mo
$-135,377/mo
11.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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23306 Bayleaf Dr | Property Details | No Agent List