Street View

1view

Owner Contacts

$1,400,000

3023 Wellspring Lake Dr, Fulshear, TX, 77441

Off Market

5 Beds

6 Bath

5,875 Sq Ft

Single Family Residence

$254.47 / sqft

Built in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Water Softener, Double Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Outdoor Kitchen

Lot Size1.40 acres

Building Information

Year Built2014

Roof Type105

Garage Spaces4

Land Information

APN7615-02-001-0310-901

Lot Number31

SubdivisionRiverwood Forest At Weston Lakes Sec 2

Land UseResidential

Legal DescriptionRIVERWOOD FOREST AT WESTON LAKES SEC 2, BLOCK 1, LOT 31, ACRES 1.397

Census Tract673300

Assessed Land Value$487,880

Assessed Improvement Value$912,120

Assessment Year2025

About this property

VIDEO & FLOOR PLAN ONLINE! Nestled high above the BRAZOS RIVER, this exceptional 1.4-ACRE PROPERTY in the GATED COMMUNITY of Weston Lakes boasts unparalleled views! Main Home offers 4 Bedrooms while the 1400 SF CASITA features 2 more BRs+2 Full BA, Kitchen, Living, Wet Bar, Utility + its own Garage-prefect for multigenerational living. Stunning Iron Front door of main home opens to reveal hickory wood floors in Foyer, flanked by an Elegant Dining w/lighted tray ceiling and a Private Study. A cozy living room features a vaulted ceiling, exposed beams + a stone fireplace. GOURMET KTICHEN: Island, Prep Sink, Kitchen Aid Appliances, Wine Fridge. SUNROOM. Primary suite offers a separate sitting area & luxurious bath. 2 GUEST BRs DOWN! Upstairs you'll discover another BR & Bath plus GMRM that opens to an upper balcony w/ scenic views. SCREENED IN POOL/SPA, OUTDOOR KTICHEN & FIREPLACE. Whole house 22kw GENERATOR. Golf Course/Country Club. LOW 1.68 TAX Rate. NEVER FLOODED! This one = MUST SEE!

Investor Tools

$1,400,000

Estimated Property Value

$760,000Estimated Mortgage Balance

$0Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,970 /month

Positive

Cash Flow Estimate:

$2,990 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,294/month

$1,300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$20,530

$1,400,000

2025

$487,880

$912,120

$1,400,000

Tax History

Year

Tax Paid

Assessed Value

2025

$20,530

$1,400,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Farmers Bank & Trust

Conventional

$760,000

First

Oct 11, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,477,118

N/A

106%

$9,114/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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