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$161,000

NAL Estimated Property Value

3114 Raccoon Run, Spring, TX, 77373

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths806 Sq Ft
price_per_sqft$179.78 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Oven
FlooringMarble, Tile

Exterior

Lot Size9,831 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1145950070040
SubdivisionCypress Trails Of Timberlane 2
Land UseResidential
Legal DescriptionTR 40A BLK 7 CYPRESS TRAILS OF TIMBERLANE 2
Census Tract241103
Assessed Land Value$41,123
Assessed Improvement Value$115,809
Assessment Year2025

About this property

Great property in Cypress Trails of Timberlane on a cul-de-sac in Spring. Many new updates, including a new roof 2024, newer A/C , new Quartz countertops and mable tile flooring in the kitchen in 2024 and a new water heater in 2022. Many new double paned windows including the breakfast room, family room and primary bedroom. New double paned patio doors to the back porch too! The kitchen opens up to the breakfast area and family room with high ceilings. Large back yard off the back porch is fully fenced and includes a storage shed. The garage was converted into an additional bedroom, but you can chose to use it however you like.

Investor Tools

Property Icon
$161,000
Estimated Property Value
$121,272Estimated Mortgage Balance
$39,728Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$966 /month
Positive
Cash Flow Estimate:
$322 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
$352/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,408
$156,932
2025
$41,123
$115,809
$156,932
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,408
$156,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$124,208
Yes
First
Jan 22, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,272
$35,660
22%
75%
$745/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,097/mo
+$853/mo
14.5%

City: Spring

3114 Raccoon Run | Property Details | No Agent List