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$398,000

NAL Estimated Property Value

2603 Spring Bend Dr, TX, 77386

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,818 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.62 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Oven
FlooringTile

Exterior

Lot Size11,082 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8987-00-08700
Lot Number8
SubdivisionSpring Creek
Land UseResidential
Legal DescriptionSPRING CREEK PINES, BLOCK 4, LOT 8
Census Tract692007
Assessed Land Value$14,706
Assessed Improvement Value$343,270
Assessment Year2025

About this property

Terrific money saving opportunity in the HIDDEN GEM neighborhood of gated Spring Creek Pines, off Rayford! Owner recently installed new solar panels and pays NO ELECTRIC BILLS and this spacious 4 bed/3.5 bath home is located on HUGE + 1/4 acre corner lot w/ mature trees. Updated, light & bright w/ new ceramic wood look tile throughout the main living areas. The owners retreat is on the main level & offers privacy from the rest of home. Upstairs are 3 good sized bedrooms, all w/ elevated ceilings, huge closets & big windows - plus a large gameroom with a door to hallway to keep sound contained. Separate dog run or storage area fenced off in the back, plus a massive grassy fenced in yard to enjoy. Mature trees provide excellent shade & a haven for birds. Convenient to shopping, restaurants, 99/Grand Parkway, Hardy Toll Rd and I-45. Conroe ISD and zoned to Grand Oaks High School. No flooding/no flood zone. FYI, no lease on solar panel, they will fully convey to buyer upon closing!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$211,219Estimated Mortgage Balance
$186,781Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,252
$357,976
2025
$14,706
$343,270
$357,976
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,252
$357,976

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Acc Mortgage Inc
Conventional
$230,000
No
First
Jan 26, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,219
$168,781
44%
53%
$1,379/mo

City: Spring

2603 Spring Bend Dr | Property Details | No Agent List