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$212,000

NAL Estimated Property Value

3122 Glen Spring Dr, Houston, TX, 77339

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,665 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.1 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Free-Standing Range, Gas Range, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,558 sqft

Building Information

Year Built1979
Stories2
Garage Spaces1

Land Information

APN1098230000005
Lot Number5
SubdivisionElm Grove Village
Land UseResidential
Legal DescriptionLT 5 BLK 9 ELM GROVE VILLAGE SEC 1
Census Tract251402
Assessed Land Value$64,719
Assessed Improvement Value$126,397
Assessment Year2025

About this property

Nestled in amongst tall trees in a quiet Neighborhood, this home provides a great opportunity to get plenty of space at a great price in this market. And you can add your own special touches to make it uniquely yours! All bedrooms are upstairs, with an open-concept family/dining/kitchen area on the first floor. The seller has walled-in a part of the 2-car garage for storage which can be removed if the second parking space is needed. Home is being sold "as-is", which is reflected in the Listing Price so you might want to be quick to take a look!

Investor Tools

Property Icon
$212,000
Estimated Property Value
$150,145Estimated Mortgage Balance
$61,855Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,272 /month
Positive
Cash Flow Estimate:
$424 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,439
$191,116
2025
$64,719
$126,397
$191,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,439
$191,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Mortgage Llc
Conventional
$162,000
No
First
Jun 3, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,145
$61,855
29%
71%
$972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$1,372/mo
+$1,298/mo
15.1%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3122 Glen Spring Dr | Property Details | No Agent List