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$245,000

3402 Almondwood Dr, Spring, TX, 77389

SoldInfo
6/30/26
Beds3 Beds
Baths2 Bath
Baths1,414 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,533 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1087630000001
Lot Number1
SubdivisionForest North
Land UseResidential
Legal DescriptionLT 1 BLK 13 017*F5951900-002-013-001 FOREST NORTH SEC 2 R/P
Census Tract555200
Assessed Land Value$42,379
Assessed Improvement Value$159,181
Assessment Year2025

About this property

Charming 3-Bed Rental in Spring – Forest North! 3402 Almondwood Drive is a traditional single-story ranch home on a spacious corner lot in Spring, Texas (77389). Home Highlights Layout: 3 Bed / 2 Bath (1,414 sq. ft.) practical single-story floor plan. Interior: Straightforward layout with solid flooring in main areas and a classic family living room. Kitchen: Standard cabinetry with an adjacent dining/eating space. Exterior: Expansive backyard on an oversized corner lot, plus an attached 2-car garage. Location & Perks Klein ISD: Positioned inside the Klein Independent School District, roughly a mile from Zwink Elementary. Commuting: Quick access to I-45, Spring Stuebner Road, and the Grand Parkway (Hwy 99). Management: Professionally managed by PPMG with online portals and maintenance. Special Offer: Ask about our Military and First Responder Discounts!

Investor Tools

Property Icon
$245,000
Estimated Property Value
$161,250Estimated Mortgage Balance
$97,471Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,613
$201,560
2025
$42,379
$159,181
$201,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,613
$201,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stifel Bank & Trust
Conventional
$161,250
No
First
Dec 13, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,529
$97,471
39%
60%
$967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,300/mo
$967/mo
+$2,333/mo
16.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Spring

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3402 Almondwood Dr | Property Details | No Agent List