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$288,000

NAL Estimated Property Value

2418 Morgan Ridge Ln, Spring, TX, 77386

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
price_per_sqft$178.57 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Free-Standing Range, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size5,489 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9014-11-05700
Lot Number57
SubdivisionSpring Trails 11
Land UseResidential
Legal DescriptionS901411 - SPRING TRAILS 11, BLOCK 1, LOT 57
Census Tract692009
Assessed Land Value$21,956
Assessed Improvement Value$246,636
Assessment Year2025

About this property

Fantastic opportunity to live in the master planned community of Spring Trails! This 3 bed/2 bath property has stylish updates throughout! Step inside to a home office with raised ceiling. High ceilings continue into island kitchen with gas range, pantry, & abundance of counter space. Colorful pendant lighting anchors the dining area with updated tile floors. Engineered wood floors anchor the living room, complete with media alcove & views to the backyard. Primary suite includes walk-in closet, soaking tub with separate shower, updated lighting & bath fixtures. The covered patio is a great place for outdoor cooking & entertaining. The backyard provides generous space to create your ideal outdoor lifestyle. Fridge included! Neighborhood amenities include pool, parks, trails, tennis courts, & clubhouse. Close proximity to Broadway Elementary (Buyer to verify eligibility)! Easy access to 99, I-45, Hardy Toll road. Granite Countertops added to kitchen – May 2023. All info per Seller.

Investor Tools

Property Icon
$288,000
Estimated Property Value
$216,195Estimated Mortgage Balance
$71,805Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
$780/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,093
$268,592
2025
$21,956
$246,636
$268,592
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,093
$268,592

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$228,000
No
First
Jul 26, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,195
$72,805
25%
75%
$1,367/mo

City: Spring

2418 Morgan Ridge Ln | Property Details | No Agent List