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$293,254

NAL Estimated Property Value

3502 Chapel Square Dr, Spring, TX, 77388

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,051 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.03 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Dryer, Washer
FlooringTile

Exterior

Lot Size9,779 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1130920000017
Lot Number17
SubdivisionCypresswood
Land UseResidential
Legal DescriptionLT 17 & TR 18A BLK 38 CYPRESSWOOD SEC 8
Census Tract553404
Assessed Land Value$59,344
Assessed Improvement Value$233,910
Assessment Year2025

About this property

Welcome to the Largest MOVE-IN READY home for the price located in Klein ISD with an office/flex room to suit your needs. This is not just a 3 bedroom, 2 bathroom home. This is a home with space inside and out located on a HUGE cul-de-sac lot. FEATURES include: Vaulted ceilings, Massive, Fully Fenced Backyard, and Expansive Wrap Around Deck for Seamless indoor-outdoor living and outdoor dining. This home has a bonus room with wet bar that makes the perfect Flexible Room/Home Office: A Dedicated space for working remotely or accommodating guests. No Carpeting with tile flooring that is easy to clean and allergy friendly. The Tile Roof offers Superior durability and curb appeal. The swing garage offers oversized Parking: Double-wide driveway plus 2-car garage. Located Minutes to Old Town Spring, dining, and shopping. Zoned to HIGHLY RATED Klein Collins High School. This is the perfect Spring, TX family home with room to grow!

Investor Tools

Property Icon
$293,254
Estimated Property Value
$250,173Estimated Mortgage Balance
$43,081Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,760 /month
Positive
Cash Flow Estimate:
$587 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,468
$293,254
2025
$59,344
$233,910
$293,254
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,468
$293,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$252,000
No
First
Dec 30, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,173
$43,081
14%
85%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$2,036/mo
+$424/mo
10.1%

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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3502 Chapel Square Dr | Property Details | No Agent List