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$349,000

NAL Estimated Property Value

2718 Meadow Tree Ln, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,592 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.24 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,625 sqft

Building Information

Year Built1983
Garage Spaces2

Land Information

APN1153820020012
Lot Number12
SubdivisionOaks Of Devonshire
Land UseResidential
Legal DescriptionLT 12 BLK 2 OAKS OF DEVONSHIRE SEC 1
Census Tract553405
Assessed Land Value$60,375
Assessed Improvement Value$274,431
Assessment Year2025

About this property

Desirable Two-Story Home located in the Oaks of Devonshire. Enter through the front door into the foyer with a staircase leading to the 3 guest rooms upstairs. Just past the foyer is the formal dining room, currently used as office. The doorway leads into the kitchen with sleek white cabinets and a breakfast area. The utility is just off the breakfast area and offers the half-bath for your guests using the pool. On the other side of the breakfast area is the living area with brick gas fireplace and a hidden wet-bar. Primary Retreat is located on the main floor and offers access to the backyard through French doors. Spacious ensuite bath offers a soaking tub, separate shower and His/Her walk-in closets. Upstairs offers a flex/game room with wet bar, as well are three guest bedrooms and 2 guest baths. The backyard oasis offers a pool, hot tub and room for multiple seating areas. Oaks of Devonshire offers many amenities - community pool, park, tennis courts, and a softball field.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$249,148Estimated Mortgage Balance
$78,512Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
$488/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,215
$334,806
2025
$60,375
$274,431
$334,806
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,215
$334,806

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$274,928
Yes
First
Jun 28, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,148
$99,852
28%
71%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$2,137/mo
+$1,043/mo
10.9%

City: Spring

2718 Meadow Tree Ln | Property Details | No Agent List