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$378,000

NAL Estimated Property Value

24310 Norchester Way, Spring, TX, 77389

$379,707 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,374 Sq Ft
price_per_sqft$126.37 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12,750 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN1032730000016
Lot Number16
SubdivisionNorthampton
Land UseResidential
Legal DescriptionLT 16 BLK 23 017*N5959000-003-023-016 NORTHAMPTON SEC 3
Census Tract554902
Assessed Land Value$76,500
Assessed Improvement Value$268,173
Assessment Year2025

About this property

Great investment opportunity in THE Northampton! 4 bedrooms with a flex 5th. Many newer components such as 2 year old water heater, newer a/c and furnace, double pane windows and newer roof! This home is ready for a refresh - and perfect for an investor/buyer that would like to get into this neighborhood at a GREAT price and build equity in a highly desirable neighborhood! Northampton is close to it all! Minutes to shopping, 99, 45, 249, Exxon campus, HP and more!

Investor Tools

Property Icon
$378,000
Estimated Property Value
$204,108Estimated Mortgage Balance
$173,892Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$379,706
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,263
$344,673
2025
$76,500
$268,173
$344,673
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,263
$344,673

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$210,700
No
First
Aug 9, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,108
$149,892
42%
54%
$1,264/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,300/mo
$1,684/mo
+$1,616/mo
10.5%

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.

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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24310 Norchester Way | Property Details | No Agent List