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$592,000

NAL Estimated Property Value

31318 Summit Grove Ln, Spring, TX, 77386

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.25 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Stone, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size9,418 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6118-03-01100
Lot Number11
SubdivisionImperial Oaks Forest 03
Land UseResidential
Legal DescriptionS611803 - IMPERIAL OAKS FOREST 03, BLOCK 1, LOT 11
Census Tract692008
Assessed Land Value$93,500
Assessed Improvement Value$445,388
Assessment Year2025

About this property

Rare floor plan, not previously built in this subdivision with Upstairs Bonus Room approx 700 sq feet with private full bathroom for media room, entertainment. 4000 sq feet, 4 bathrooms; 5 bedrooms. No neighbors on the back or side due to greenbelt walkway. Gorgeous, meticulously taken care of open floor plan with gorgeous open kitchen, Coffee Bar area, lots and lots of cabinets. Outdoor Kitchen ready with gas to the grill. Relaxing large patio area, landscaped yard, garden, a favorite place for relaxing. Inside gorgeous granite, wood flooring, office with French Doors. Office can be used too as a Formal Living Room with bay window looking out front. Custom built fireplace mantel highlights crown molding throughout. The floor plan is outstanding for privacy! The primary bedroom and Spa type bathroom is a true 'RETREAT' with windows, sep shower, jet tub, suite runs the length of the home from back to front, windows overlooking backyard, large walk in closet you will fall in love with.

Investor Tools

Property Icon
$592,000
Estimated Property Value
$322,424Estimated Mortgage Balance
$269,576Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,552 /month
Positive
Cash Flow Estimate:
$1,184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,383/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,630
$538,888
2025
$93,500
$445,388
$538,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,630
$538,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$360,000
No
First
Dec 2, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,424
$230,576
41%
54%
$2,159/mo

City: Spring

31318 Summit Grove Ln | Property Details | No Agent List