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$162,000

NAL Estimated Property Value

3123 Cottonshire Dr, Spring, TX, 77373

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths957 Sq Ft
price_per_sqft$167.08 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size4,099 sqft

Building Information

Year Built1982
Stories1
Garage Spaces1

Land Information

APN1145950070021
SubdivisionCypress Trails Of Timberlane 2
Land UseResidential
Legal DescriptionTR 21A BLK 7 CYPRESS TRAILS OF TIMBERLANE 2
Census Tract241103
Assessed Land Value$36,285
Assessed Improvement Value$121,559
Assessment Year2025

About this property

This home is ready for a new owner and this new owner could be YOU! Inviting home in Cypress Trails. Open the door and notice the openness and high ceiling. The living area and dining area features beautiful laminated floors. Enjoy a cozy fire on those cool days and nights. Lots of windows in the living area to let the natural outside lighting in. The sliding glass door in the dining area makes going outside convenient. The kitchen is nice size and is equipped with a stove, microwave and ample cabinets. The primary bedroom is a nice sized with 2 nice size closets. Washer and dryer hookups are inside the house. Go and see today!

Investor Tools

Property Icon
$162,000
Estimated Property Value
$149,771Estimated Mortgage Balance
$12,229Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$972 /month
Positive
Cash Flow Estimate:
$324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$70/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27
$157,844
2025
$36,285
$121,559
$157,844
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27
$157,844

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$155,103
No
First
Jun 14, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,771
$14,229
8%
92%
$930/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
$1,265/mo
+$215/mo
11.0%

City: Spring

3123 Cottonshire Dr | Property Details | No Agent List