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$321,000

235 Spring Lake Drive, Mineola, TX, 75773

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.58 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size12,428 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN41427
Lot Number29
Land UseResidential
Legal DescriptionLOT 29 BLK B .2853 SPRING LAKE SUB SEC 1
Census Tract950800
Assessed Land Value$49,710
Assessed Improvement Value$255,370
Assessment Year2025

About this property

Seller really spruced up home,new flooring freshly painted walls trim & ceilings.Crown molding throughout new SS appliances power washed exterior & professional cleaning.Beautiful home stunning lake views from most rms attractive neighborhood near downtown historical Mineola, TX.Interior takes advantage lake views & offers open approx. 21'X9 deck backside to enjoy views & entertain.Lg floor-to-ceiling windows along with gas or WBFP makes for comfortable living area open good size bay area dining to capture sunsets.Kitchen features white washed cabinet, tile flooring walkin pantry & all NEW SS appliances.Mstr faces lake ensuite double vanities his & her closets, walkin shower.Concrete bulkhead & boat slip.Ss sys

Investor Tools

Property Icon
$321,000
Estimated Property Value
$0Estimated Mortgage Balance
$113,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$305,080
2025
$49,710
$255,370
$305,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$305,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Texas Loan Company
Conventional
$227,500
No
First
Oct 8, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,750
$113,250
35%
65%
$1,364/mo

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: Mineola

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