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$1,346,000

NAL Estimated Property Value

28602 Water Park Way, Spring, TX, 77386

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths6,024 Sq Ft
price_per_sqft$229.91 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Water Softener, Microwave, Gas Range, Dishwasher
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.05 acres

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces4

Land Information

APN2571-00-01500
Lot Number5
SubdivisionBenders Landing 01
Land UseResidential
Legal DescriptionBENDERS LANDING 01, BLOCK 2, LOT 5
Census Tract692010
Assessed Land Value$355,020
Assessed Improvement Value$694,980
Assessment Year2025

About this property

This transitional-style home offers plenty of room for both relaxation and entertaining. The main house has 3 bedrooms, 3 full bathrooms and two half baths. The fully independent guest house offers 2 bedrooms and 2 bathrooms with its own private entrance. The chef’s kitchen is definitely a standout feature designed to impress, with SS appliances, ample counter space, and custom cabinetry. The custom features throughout the home really elevate the overall experience, making it both functional & luxurious. The beams add a warm touch, perfectly complementing the transitional style, while the concrete floors bring in that sleek, modern vibe. The private study is perfect for working from home, while the game room provides a great space for leisure. The children's retreat is a lovely touch! Located upstairs in between both of the bedrooms that feature ensuite bathrooms. Expansive windows and french doors make the house feel open and inviting, blending indoor & outdoor spaces seamlessly.

Investor Tools

Property Icon
$1,346,000
Estimated Property Value
$1,041,706Estimated Mortgage Balance
$175,197Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,310 /month
Positive
Cash Flow Estimate:
$2,770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,929/month
$1,120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,416
$1,050,000
2025
$355,020
$694,980
$1,050,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,416
$1,050,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$1,062,000
No
First
Apr 25, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,041,706
$311,294
23%
77%
$6,368/mo

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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28602 Water Park Way | Property Details | No Agent List