$189,000
NAL Estimated Property Value23923 Leathergate Dr, Spring, TX, 77373
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Laminate
Exterior
Lot Size6,050 sqft
Building Information
Year Built1985
Stories1
Garage Spaces2
Land Information
APN1150930100021
Lot Number21
SubdivisionBirnam Wood
Land UseResidential
Legal DescriptionLT 21 BLK 10 BIRNAM WOOD SEC 5
Census Tract241104
Assessed Land Value$37,813
Assessed Improvement Value$138,237
Assessment Year2025
About this property
Move-in ready brick 3-bedroom brick home with fresh paint and carpet, updated kitchen with granite countertops and 42-inch cabinets, 5 ceiling fans, vaulted ceiling, wood-burning fireplace band located in a quite curbed and guttered subdivision.
Investor Tools
$189,000
Estimated Property Value
$145,042Estimated Mortgage Balance
$43,958Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$250/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,517
$176,050
2025
$37,813
$138,237
$176,050
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,517
$176,050
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Mortgage Group Llc
Conventional
$160,050
No
First
Jun 8, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,042
$35,958
19%
77%
$960/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,210/mo
+$740/mo
12.4%
