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$335,000

NAL Estimated Property Value

2423 Floral Ridge Dr Fl Oral, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.78 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringBamboo, Carpet, Tile

Exterior

Lot Size6,107 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1231190020009
Lot Number9
SubdivisionHannover Village
Land UseResidential
Legal DescriptionLT 9 BLK 2 HANNOVER VILLAGE SEC 1
Census Tract555102
Assessed Land Value$49,817
Assessed Improvement Value$248,374
Assessment Year2025

About this property

Discover refined comfort in this beautifully updated home in Hannover Village. Crown molding, rounded corners and elegant arches create timeless appeal. The living room offers a generous gathering space connecting to a bright island kitchen with gas range, walk-in pantry and adjoining breakfast room ideal for daily living. A formal dining room off the entry adds classic style for entertaining. Upstairs features a large game room and three secondary bedrooms with walk-in closets including one with a fortified theft-proof closet. The updated secondary bath includes dual vessel sinks and a glass-enclosed shower. The oversized primary suite provides a private retreat with a spa inspired bath with a jetted soaking tub, glass-enclosed shower, dual vanities with anti-fog mirrors and a walk-in closet with built-ins. Enjoy outdoor living on the covered patio. Offering an exceptional blend of comfort, quality, and location with convenient access to shopping and dining this home is a must see!

Investor Tools

Property Icon
$335,000
Estimated Property Value
$268,000Estimated Mortgage Balance
$67,000Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
$488/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,062
$298,191
2025
$49,817
$248,374
$298,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,062
$298,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$268,000
No
First
May 1, 2026
Jun 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,000
$67,000
20%
80%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$488/mo
+$2,692/mo
11.4%

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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2423 Floral Ridge Dr Fl Oral | Property Details | No Agent List