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$1,453,380

NAL Estimated Property Value

3311 Wellspring Lake Dr, Fulshear, TX, 77441

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,725 Sq Ft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.08 acres

Building Information

Year Built2020
Garage Spaces6

Land Information

APN7615-02-001-0060-901
Lot Number6
SubdivisionRiverwood Forest At Weston Lakes Sec 2
Land UseResidential
Legal DescriptionRIVERWOOD FOREST AT WESTON LAKES SEC 2, BLOCK 1, LOT 6, ACRES 1.083
Census Tract673300
Assessed Land Value$283,016
Assessed Improvement Value$1,170,364
Assessment Year2025

About this property

This 1.08 Acre lot is a hard to find gem! Wellspring Lake Dr. is the best street in the neighborhood to go for a walk or run. Lined with trees and light on traffic, it is the perfect spot to build your dream home. There are very few large lots left and this one has open space, plenty of trees and no time limit to build. Neighborhood amenities include golf, tennis, swimming pools, new fitness center, clubhouse for casual and fine dining, etc. Country living at its finest!

Investor Tools

Property Icon
$1,453,380
Estimated Property Value
$588,344Estimated Mortgage Balance
$865,036Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,720 /month
Positive
Cash Flow Estimate:
$2,907 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,387/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,374
$1,453,380
2025
$283,016
$1,170,364
$1,453,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$21,374
$1,453,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$670,506
No
First
Feb 26, 2020
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$588,344
$865,036
59%
40%
$4,021/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$4,921/mo
$-2,661/mo
1.9%

City: Fulshear

3311 Wellspring Lake Dr | Property Details | No Agent List