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$274,000

2910 Ribbon Creek Way, Spring, TX, 77389

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,031 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.75 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size4,134 sqft

Building Information

Year Built2009
Garage Spaces1

Land Information

APN1283430040032
Lot Number32
SubdivisionForest Ridge
Land UseResidential
Legal DescriptionLT 32 BLK 4 FOREST RIDGE SEC 2
Census Tract555200
Assessed Land Value$45,540
Assessed Improvement Value$220,826
Assessment Year2025

About this property

Welcome home to this charming two-story home nestled inside a cul-de-sac; this house is located in the neighborhood of Forest Ridge in Spring. The spacious living area adjoins an open floorplan kitchen with a breakfast bar, natural maple cabinetry, and Silestone countertops with a separate dining area overlooking scenic views of the backyard through french doors. Upstairs features all three large bedrooms and an additional enclosed bonus room perfect for a media or game room! Whole house water filtration system. The extraordinary second-floor primary bedroom features a walk-in closet. Retail and restaurants are only minutes away from this beautiful home. With a great location only minutes from 99, 45 and the new Grand Parkway Marketplace.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$230,743Estimated Mortgage Balance
$63,688Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,924
$266,366
2025
$45,540
$220,826
$266,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,924
$266,366

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$230,743
Yes
First
Sep 9, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,312
$68,688
24%
77%
$1,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,824/mo
+$736/mo
11.2%

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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2910 Ribbon Creek Way | Property Details | No Agent List