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$340,000

NAL Estimated Property Value

2426 Morgan Ridge Ln, Spring, TX, 77386

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,323 Sq Ft
price_per_sqft$144.34 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,504 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9014-11-05500
Lot Number55
SubdivisionSpring Trails 11
Land UseResidential
Legal DescriptionS901411 - SPRING TRAILS 11, BLOCK 1, LOT 55
Census Tract692009
Assessed Land Value$22,016
Assessed Improvement Value$317,720
Assessment Year2025

About this property

Nestled in a charming neighborhood, this property offers a spacious layout with modern amenities. The open concept kitchen features stainless steel appliances and granite countertops. The backyard is perfect for entertaining with a large deck and lush landscaping. The master suite boasts a walk-in closet and en-suite bathroom. Hardwood floors throughout the main living areas add to the appeal of this home. Roof shingles replaced less than a year ago as well as interior recently painted. Conveniently located near schools, parks, and shopping centers, this property is a must-see for buyers looking for a comfortable and stylish living space.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$312,744Estimated Mortgage Balance
$27,256Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
$865/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,417
$339,736
2025
$22,016
$317,720
$339,736
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,417
$339,736

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$322,844
Yes
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,744
$26,992
7%
92%
$1,936/mo

City: Spring