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$229,104

NAL Estimated Property Value

23322 Pennsgrove Rd, Spring, TX, 77373

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.03 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Free-Standing Range, Dishwasher
FlooringTile

Exterior

Lot Size6,761 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1082080000042
Lot Number42
SubdivisionPost Wood
Land UseResidential
Legal DescriptionLT 42 BLK 5 POST WOOD SEC 1 R/P
Census Tract241002
Assessed Land Value$52,037
Assessed Improvement Value$177,067
Assessment Year2025

About this property

Spread out from the neighbors on this spacious corner lot in the wooded subdivision of Post Wood. Create memories with family & friends underneath the large covered patio in its private backyard. You will LOVE the functionality of this 4-bedrm home’s floor plan. The primary bedrm suite is on the opposite side of the house of the secondary bedrms. The primary bedrm has an adjacent home office which could be used as a sitting area or nursery. The secondary bathroom has a remodeled shower/tub between two sink areas with direct access from one of the bedrooms. Tile throughout offers effortless cleaning and is ideal for pets (aka – other members of the family). With numerous walk-in closets and storage closets, you will easily find a place for everything. The warm and inviting den has a vaulted ceiling and a charming corner fireplace. At the end of a long and hard day, rejuvenate your body and soul with a long relaxing soak in the hot tub. Roof, A/C & furnace replaced within last 7 years

Investor Tools

Property Icon
$229,104
Estimated Property Value
$165,452Estimated Mortgage Balance
$63,652Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,375 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,548
$229,104
2025
$52,037
$177,067
$229,104
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,548
$229,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$180,500
No
First
Dec 29, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,452
$63,652
27%
72%
$1,083/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,508/mo
+$442/mo
10.2%

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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23322 Pennsgrove Rd | Property Details | No Agent List