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Days32Days on Market
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$179,900

23930 Verngate Dr, Spring, TX, 77373

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,334 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.86 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,878 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1077760000003
Lot Number3
SubdivisionBirnam Wood
Land UseResidential
Legal DescriptionLT 3 BLK 6 BIRNAM WOOD SEC 3
Census Tract241104
Assessed Land Value$39,261
Assessed Improvement Value$150,673
Assessment Year2025

About this property

Opportunity awaits with this charming 3-bedroom, 2-bath home featuring an attached 2-car garage, situated on a huge wooded lot with no back neighbors for added privacy. Priced as the lowest in the neighborhood, this is truly one of the best deals in town. Major updates include Solar panels installed 2023, a brand-new roof and AC unit, both replaced in 2025.

Investor Tools

Property Icon
$189,934
Estimated Property Value
$142,373Estimated Mortgage Balance
$66,600Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

William Onye

NB Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,418
$189,934
2025
$39,261
$150,673
$189,934
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,418
$189,934

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$142,373
Yes
First
Sep 11, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,334
$66,600
35%
65%
$854/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,204/mo
+$746/mo
12.3%

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.

Explore Texas Explore This Area
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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23930 Verngate Dr | Property Details | No Agent List