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$272,000

NAL Estimated Property Value

2511 Lexington Park Drive, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,941 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.68 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Washer
FlooringCarpet, Tile

Exterior

Lot Size6,003 sqft

Building Information

Year Built2011
Garage Spaces1

Land Information

APN1304040020007
Lot Number7
SubdivisionLexington Park
Land UseResidential
Legal DescriptionLT 7 BLK 2 LEXINGTON PARK SEC 1
Census Tract241400
Assessed Land Value$39,020
Assessed Improvement Value$203,885
Assessment Year2025

About this property

Light, bright, and airy 3-bedroom, 2-bath home with a private study and functional split floor plan. Just off the entry, the study with French doors is perfect for a home office or flex space. The open kitchen, dining, and living area is ideal for entertaining and everyday living, featuring granite countertops, abundant cabinetry, center island, breakfast bar, and a cozy fireplace in the living room. The primary suite is privately located on the right side of the home with a walk-in closet, double vanity sinks, soaking tub, and separate shower. Two secondary bedrooms share a full bathroom with a tub/shower combo, making them perfect for family or guests. Enjoy the backyard entertaining space with a covered patio with awning, gravel fire pit area, storage shed, and BRAND NEW FENCE (2026) & HVAC (2025). Community amenities include three pools, tennis courts, parks, and a nature preserve, all minutes from Old Town Spring shopping, dining, and entertainment.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$75,617Estimated Mortgage Balance
$196,383Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$261
$242,905
2025
$39,020
$203,885
$242,905
No

Tax History

Year
Tax Paid
Assessed Value
2024
$261
$242,905

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Cu
Unknown
$114,400
No
First
Dec 20, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,617
$196,383
72%
28%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$365/mo
+$1,585/mo
8.6%

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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2511 Lexington Park Drive | Property Details | No Agent List