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$225,680

NAL Estimated Property Value

24027 Farm Hill Rd, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,584 Sq Ft
price_per_sqft$135.73 / sqft
Year BuiltBuilt in 1983

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
AppliancesGas Oven, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringLaminate, Tile

Exterior

Lot Size7,279 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1109370000058
Lot Number58
SubdivisionNorth Spring
Land UseResidential
Legal DescriptionLT 58 BLK 6 NORTH SPRING SEC 6
Census Tract241101
Assessed Land Value$53,423
Assessed Improvement Value$172,257
Assessment Year2025

About this property

WELCOME to your new home in the well-established neighborhood of North Spring! Zoned to Spring Schools! This Charming single story is a 3/2/2 that offers an open concept plan with high ceilings in the living room. Updates include a new roof 11/21, HVAC 2017, Garage & garage floor painted 9/22, Bathrooms updated 3/23 New flooring in master bedroom, hallway, living area and kitchen 3/23, with a cozy gas, brick fireplace. Easy access to I-45, Hardy Toll Road and major shopping centers & entertainment. 17 mins to IAH, 15 mins to Exxon Campus, 20 mins to The Woodlands Mall/Market Street/Waterway, 40 min commute to Downtown

Investor Tools

Property Icon
$225,680
Estimated Property Value
$202,824Estimated Mortgage Balance
$22,856Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,354 /month
Positive
Cash Flow Estimate:
$451 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,595
$225,680
2025
$53,423
$172,257
$225,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,595
$225,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Whitney Bank
Conventional
$215,000
No
First
Apr 27, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,824
$22,856
10%
90%
$1,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,510/mo
+$440/mo
10.4%

City: Spring

24027 Farm Hill Rd | Property Details | No Agent List