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Owner Contacts

$612,000

NAL Estimated Property Value

29742 Geneva Dr, Spring, TX, 77386

Off Market

4 Beds

3 Bath

2,444 Sq Ft

Single Family Residence

$265.96 / sqft

Built in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Electric Oven, Electric Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Lot Size1.60 acres

Building Information

Year Built1965

Stories1

Roof Type105

Garage Spaces5

Land Information

APN8990-01-07500

Lot Number75

SubdivisionSpring Hills 01

Land UseResidential

Legal DescriptionSPRING HILLS 01, LOT 75

Census Tract691900

Assessed Land Value$125,712

Assessed Improvement Value$290,961

Assessment Year2025

About this property

UNIQUE OPPORTUNITY, MULTI-UNIT, MUST-SEE! Situated on 1.6 acres. Unrestricted lot secured by a gated electric fence, equipped with RV Hookups and two attached units that can be easily separated into individual living spaces. The main house, built in 1965, underwent a complete renovation featuring high-quality finishes, 3 bedrooms, 2 full baths, and a modern kitchen with a custom bar that opens to the living and dining areas. Attached to the main house, built in 1994, you will find a one-bedroom apartment with a full kitchen that opens to its own living and dining areas. Additional features include an oversized garage/workshop as well as a utility entrance convenient for prospective business owners. There is also a studio apartment, perfect for a caretaker or student loft, which could serve as an income-generating source. You'll also enjoy the vibrant courtyard, featuring breathtaking views of the sparkling private pool—a backyard oasis perfect for outdoor entertainment and tranquility.

Investor Tools

$612,000

Estimated Property Value

$472,980Estimated Mortgage Balance

$132,020Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,900 /month

Positive

Cash Flow Estimate:

$1,300 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$527/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,266

$314,214

2025

$125,712

$290,961

$416,673

Tax History

Year

Tax Paid

Assessed Value

2024

$3,266

$314,214

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Loan Star Inc

Conventional

$480,000

First

Jul 13, 2025

Aug 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$472,980

$132,020

21%

77%

$2,878/mo

Learn About the Market: Opportunity in Texas

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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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