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$253,000

NAL Estimated Property Value

23323 Timberbrook Dr, Spring, TX, 77373

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,123 Sq Ft
price_per_sqft$105.98 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,090 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1136780000016
Lot Number16
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 16 BLK 67 TIMBER LANE SEC 7
Census Tract241201
Assessed Land Value$43,239
Assessed Improvement Value$157,189
Assessment Year2025

About this property

Wonderful home in a quiet neighborhood with easy access to 45, Hardy Toll, and IAH. This home has the important items updated.. roof... hvac, stove have all been updated in the past 5 years. With a little TLC you can do to make this 4 bedroom home your own or maybe turn it into an investment property. Mature lawn and trees surround this home that also has a 2 car garage. This traditional home even has a corner fireplace in the large great room that is adjacent to the dining room. the kitchen is large enough for a small table and the breakfast bar overlooks the stove. The kitchen window that is over the sink makes the entire room light and bright. The house has great bones and is ready for its new owner.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$259,644Estimated 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
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,400
$200,428
2025
$43,239
$157,189
$200,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,400
$200,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Gibraltar Group Mortgage Llc
Fha
$265,109
Yes
First
Mar 28, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,644
N/A
0%
103%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,990/mo
$-40/mo
9.2%

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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23323 Timberbrook Dr | Property Details | No Agent List