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$194,900

2502 Ciderwood Drive, Spring, TX, 77373

$206,594 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,966 Sq Ft
price_per_sqft$99.14 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyHigh 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
AppliancesDisposal, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,405 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN1070930000022
Lot Number22
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 22 BLK 42 TIMBER LANE SEC 5
Census Tract241201
Assessed Land Value$53,791
Assessed Improvement Value$159,563
Assessment Year2025

About this property

Two story home in sought after Timber Lane subdivision. Corner lot with double detached garage. Four bedrooms and two full baths. Fireplace in den. New carpet and new exterior paint. Granite in kitchen and baths. Home needs minor cosmetic repairs but is pricing accordingly. Under $200k for a four bedroom home is a steal of a deal. Don't miss out.

Investor Tools

$89,790Estimated Mortgage Balance
$154,210Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$206,594
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

Interested in this property?

Keith Buchanan

KMB Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,449
$213,354
2025
$53,791
$159,563
$213,354
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,449
$213,354

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$121,900
No
First
Jul 31, 2014
Aug 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,790
$154,210
63%
37%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$350/mo
+$2,170/mo
12.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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