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$197,868

NAL Estimated Property Value

24211 Lone Elm Dr, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,281 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.13 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Dishwasher
FlooringCarpet, Wood

Exterior

Lot Size7,309 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1143470320046
Lot Number46
SubdivisionNorth Spring
Land UseResidential
Legal DescriptionLT 46 BLK 32 NORTH SPRING SEC 10
Census Tract241101
Assessed Land Value$53,444
Assessed Improvement Value$144,424
Assessment Year2025

About this property

NO MORE SHOWINGS. MULTIPLE OFFERS. ALL OFFERS DUE 5/1 BY 5PM. Charming 3 bedroom 2 bath home sitting on a beautiful lot with fabulous oak tree. Move in ready, bright & clean and meticulously maintained. Kitchen includes breakfast bar seating area, dining area with bump out window seat, gas stove, under cabinet lighting. Beautiful wood floors in living area and hallway, all bedrooms have carpet. Both bathrooms are fresh & clean. 2 car garage has convenient side door access to backyard. Roof approx 2018, AC approx 2008, water heater approx 2016. Backyard has large covered deck patio, lush grass, privacy fence and tidy storage shed. Convenient access to I-45, Hardy Toll Road. Minutes from Old Town Spring shopping and dining.

Investor Tools

Property Icon
$197,868
Estimated Property Value
$196,011Estimated Mortgage Balance
$1,857Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,421
$197,868
2025
$53,444
$144,424
$197,868
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,421
$197,868

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City First Mortgage Services Llc
Fha
$211,105
Yes
First
Jul 7, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,011
$2,989
1%
99%
$1,266/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,566/mo
+$384/mo
11.8%

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.

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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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24211 Lone Elm Dr | Property Details | No Agent List