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$362,712

23823 Pennington Hills Dr, Spring, TX, 77389

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,689 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.9 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size5,493 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1357380020015
Lot Number15
Land UseResidential
Legal DescriptionLT 15 BLK 2 PRESERVE AT NORTHAMPTON SEC 4
Census Tract554902
Assessed Land Value$52,290
Assessed Improvement Value$310,422
Assessment Year2025

About this property

Step into the warmth and elegance of this well-established 4-bedroom, 3.5-bathroom home, perfectly situated on a spacious subdivision lot. Designed for both comfort and style, this home features soaring high ceilings, no carpet, and an open layout that creates an inviting atmosphere throughout. The primary bedroom, conveniently located on the first floor, offers a private retreat, while the game room upstairs provides the perfect space for entertainment and relaxation. The kitchen and breakfast room seamlessly flow into the family room. With thoughtful design and ample living space, this home is a wonderful blend of function and sophistication. Zoned to Klein ISD, easy access to TX-99, shopping, and entertainment. A list of updates is attached. Welcome home.

Investor Tools

Property Icon
$362,712
Estimated Property Value
$231,528Estimated Mortgage Balance
$180,305Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,241 /month
Positive
Cash Flow Estimate:
$747 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$732/month
$515/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,975
$362,712
2025
$52,290
$310,422
$362,712
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,975
$362,712

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$231,528
Yes
First
May 3, 2016
Jun 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,407
$180,305
49%
50%
$1,389/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,300/mo
$1,904/mo
+$1,396/mo
10.9%

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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23823 Pennington Hills Dr | Property Details | No Agent List