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$312,000

NAL Estimated Property Value

3603 Broken Elm Dr, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,555 Sq Ft
price_per_sqft$154.6 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size9,169 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1147650430016
Lot Number16
SubdivisionCypresswood
Land UseResidential
Legal DescriptionLT 16 & TR 17B BLK 43 CYPRESSWOOD SEC 12
Census Tract553500
Assessed Land Value$58,885
Assessed Improvement Value$247,380
Assessment Year2025

About this property

Huge corner lot! Beautifully updated 4 bedrooms 2 full, 1 half bath located in Spring TX. The interior design is by Madison Avenue Design. Plenty of natural lighting, Fresh paint throughout, New light fixtures. Beveled smoky mirror bar backsplash. New luxury flooring. Custom-built solid wood cabinetry throughout. New stained white oak stairs and iron rails. Frameless shower glass doors and free-standing tub with a mosaic wall and double sinks. Beautiful kitchen with wooden shelves and new backsplash, stainless steel appliances. Spacious fenced back yard perfect for entertaining.

Investor Tools

Property Icon
$312,000
Estimated Property Value
$348,446Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
$535/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,108
$306,265
2025
$58,885
$247,380
$306,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,108
$306,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$378,026
Yes
First
Mar 31, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,446
N/A
0%
112%
$2,267/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$2,802/mo
+$378/mo
12.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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3603 Broken Elm Dr | Property Details | No Agent List