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$218,000

NAL Estimated Property Value

23315 Canyon Lake Dr, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,513 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.1 / sqft
Year BuiltBuilt in 1977

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, Microwave, Dishwasher
FlooringTile

Exterior

Lot Size7,440 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1089290000024
Lot Number24
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 24 BLK 5 TIMBER LANE SEC 6
Census Tract241202
Assessed Land Value$39,010
Assessed Improvement Value$151,159
Assessment Year2025

About this property

FRESHLY REMODELED HOME IN SPRING - 10 MINUTES FRO IAH, 10 MIUNTES FROM THE WOODLANDS, EZ ACCESS TO BELTWAY 8, I45 & 59 - RECENT ROOF - FRESH PAINT INSIDE AND OUT- NEW BATHROOMS & KITCHEN (PEX LINES)- NEW APPLIANCES- NEW CABINET DOORS - NEW HARDWARE THROUGHOUT - NICE CURB APPEAL - GOOD SIZE BACK YARD WITH 2 CAR DETACHED GARAGE - LISTED AGGRESSIVELY FOR QUICK SALE- SELLERS IS LIQUIDATING ESTATE ASSETS AND IS FLEXIBLE TO SUIT MOST QUALIFIED BUYERS NEEDS- COME SEE ALL WHAT WE HAVE TO OFFER!!! .......... offer accepted / no more showings

Investor Tools

Property Icon
$218,000
Estimated Property Value
$196,795Estimated Mortgage Balance
$21,205Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
$396/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,361
$190,169
2025
$39,010
$151,159
$190,169
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,361
$190,169

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$206,150
No
First
Nov 1, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,795
$14,205
6%
90%
$1,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,632/mo
+$318/mo
10.7%

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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23315 Canyon Lake Dr | Property Details | No Agent List