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$287,133

23902 Pea Ridge Dr, Spring, TX, 77373

Off Market

4 Beds

2 Bath

2,144 Sq Ft

Single Family Residence

$97.9 / sqft

Built in 1977

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Electric Cooktop, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size18,496 sqft

Building Information

Year Built1977

Stories2

Garage Spaces2

Land Information

APN1096230000037

Lot Number37

SubdivisionNorth Spring

Land UseResidential

Legal DescriptionLT 37 BLK 12 NORTH SPRING SEC 4

Census Tract241101

Assessed Land Value$109,876

Assessed Improvement Value$177,257

Assessment Year2025

About this property

Welcome home! Located at the end of a cul-de-sac street, this beautiful 4 bedroom, 2 bath home is situated on a premier lot of almost 1/2 acre. Step inside the wonderful floor plan designed for today's living. Interior freshly painted in 2020. New waterproof wood laminate flooring in dining room and master bedroom and bathroom 2020. Family room is generously sized with wood beams in ceiling. Water heater replaced in 2018, AC replaced in 2017. Kitchen area has been tastefully updated with black counters, pressed tin back splash, stainless steel appliances and new cook top. Large laundry room has plenty of room for storage or folding clothes. Relaxing master bedroom and bathroom are downstairs and secondary bedrooms are upstairs, all featuring walk in closets.Step into the private backyard with deck, perfect for time with loved ones,entertaining, or al fresco dining surrounded by shady trees. Exterior has maintenance free vinyl siding. Too many upgrades to list! No flooding per sellers!

Investor Tools

$287,133

Estimated Property Value

$206,097Estimated Mortgage Balance

$0Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,723 /month

Positive

Cash Flow Estimate:

$574 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$275/month

$220/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,866

$287,133

2025

$109,876

$177,257

$287,133

Tax History

Year

Tax Paid

Assessed Value

2024

$1,866

$287,133

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Bank Of New York Mellon Trust Co Na

Stand Alone Second / Subordinate Position

$206,097

First

Sep 1, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$366,950

N/A

128%

$2,472/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,520/mo

$2,692/mo

$-172/mo

10.5%

Learn About the Market: Opportunity in Texas

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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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