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$195,000

24115 Spring Gum Dr, TX, 77373

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.9 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Trash Compactor, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1109390000052
Lot Number52
SubdivisionNorth Spring
Land UseResidential
Legal DescriptionLT 52 BLK 17 NORTH SPRING SEC 6
Census Tract241101
Assessed Land Value$52,345
Assessed Improvement Value$182,351
Assessment Year2025

About this property

Opportunity awaits in a convenient Spring location! This 3-bedroom home offers a functional layout, spacious living areas, a primary bedroom with walk-in closet, and a good-sized backyard. Located in Spring ISD with easy access to I-45, shopping, dining, and everyday conveniences. The property is ready for a new owner with a vision to make it their own and offers excellent potential for a buyer looking to renovate, customize, or add value. A great opportunity for cash buyers, investors, or an owner-occupant ready to bring their ideas to life. Property is being offered as-is.

Investor Tools

$129,597Estimated Mortgage Balance
$105,099Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,408 /month
Positive
Cash Flow Estimate:
$469 /month

Interested in this property?

Silvana Trejos

PAK Home Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$453
$234,696
2025
$52,345
$182,351
$234,696
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$453
$234,696

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$147,440
No
First
Dec 28, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,597
$105,099
44%
55%
$920/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,140/mo
+$810/mo
10.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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24115 Spring Gum Dr | Property Details | No Agent List