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$301,000

2723 Cottonwood Walk, Spring, TX, 77388

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,325 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.89 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringBamboo, Tile

Exterior

Lot Size7,475 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1176460030022
Lot Number22
SubdivisionDevonshire Woods
Land UseResidential
Legal DescriptionLT 22 BLK 3 DEVONSHIRE WOODS SEC 2
Census Tract553405
Assessed Land Value$57,408
Assessed Improvement Value$236,292
Assessment Year2025

About this property

Welcome to this meticulously clean and well-maintained home for rent in the desirable Devonshire Woods community, zoned to highly rated Klein ISD. Tucked away on a quiet cul-de-sac street, this home offers 3 spacious bedrooms, 2 full bathrooms, an office, and a formal dining room. The open kitchen flows into the living room with high ceilings, abundant natural light, and a cozy fireplace. Whole-house generator, tankless water heater, sprinkler system, and NO carpet. Detached 2-car garage with additional storage space. The refrigerator, washer, and dryer are included. Fresh landscaping and a spacious outdoor patio provide the perfect setting to relax and enjoy time outside. Just a few houses from the neighborhood park and minutes from historic Old Town Spring, top restaurants, shopping, and concert venues in The Woodlands. The community features a pool, tennis courts, basketball court, soccer and baseball fields, a large park, playground, and scenic jogging trails.

Investor Tools

Property Icon
$301,000
Estimated Property Value
$98,000Estimated Mortgage Balance
$210,835Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$509
$293,700
2025
$57,408
$236,292
$293,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$509
$293,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$98,000
No
First
Feb 23, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,165
$217,835
70%
30%
$588/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$588/mo
+$1,872/mo
9.8%

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.

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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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2723 Cottonwood Walk | Property Details | No Agent List