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$233,146

NAL Estimated Property Value

23819 Farm Hill Rd, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,584 Sq Ft
price_per_sqft$104.17 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,882 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1073100000052
Lot Number52
SubdivisionNorth Spring
Land UseResidential
Legal DescriptionLT 52 BLK 5 NORTH SPRING SEC 1 U/R & R/P
Census Tract241101
Assessed Land Value$54,655
Assessed Improvement Value$178,491
Assessment Year2025

About this property

23819 Farm Hill Rd - Pride of ownership shows in this lovely three bedroom home. The living room is large enough for family gatherings or hosting parties. Kitchen and dining room are open to the living room. All bedrooms have ceiling fans and walk-in closets. Large back yard to play in or hosting outdoor gatherings. Recent updates include: recent interior paint including the garage, both bathroom shower valves have been replaced, replaced the exterior water mainline with PVC, and fence gate replaced. Must see to appreciate. Never flooded!

Investor Tools

Property Icon
$233,146
Estimated Property Value
$125,656Estimated Mortgage Balance
$107,490Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,399 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$244
$233,146
2025
$54,655
$178,491
$233,146
No

Tax History

Year
Tax Paid
Assessed Value
2024
$244
$233,146

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$133,200
No
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,656
$107,490
46%
54%
$799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,019/mo
+$931/mo
10.0%

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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23819 Farm Hill Rd | Property Details | No Agent List