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$275,000

38 Musgrove Place, Spring, TX, 77382

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,565 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$175.72 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Vinyl

Exterior

Lot Size2,380 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces1

Land Information

APN9719-78-05700
Lot Number57
SubdivisionWdlnds Vil Alden Br 78
Land UseResidential
Legal DescriptionWDLNDS VIL ALDEN BR 78, BLOCK 1, LOT 57
Census Tract690610
Assessed Land Value$40,000
Assessed Improvement Value$214,524
Assessment Year2025

About this property

Lovely cottage-style townhome in The Woodlands located on a private cul-de-sac lot with lush front landscaping and an all-patio backyard for easy maintenance! Inside, you'll find wood-type flooring throughout and a 1st floor living area that offers a half bath, spacious layout, neutral paint, and an eat-in kitchen with granite countertops! Upstairs holds the utility closet and 3 bedrooms including the large primary suite with dual sinks, a soaking tub, separate shower, and walk-in closet. This home has incredibly easy access to FM 1488 being located off TX-242 and allows access to the many benefits of being a Woodlands resident - numerous parks, golf, shopping at market Street, Woodlands Mall, Cynthia Woods Pavilion, Waterway, Hughes Landing, and more! A+ Rated zoned to The Woodlands High School. Ride the park and Ride into Downtown or Medical center.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

Interested in this property?

Mark Dimas

Realty Of America, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$255/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,075
$254,524
2025
$40,000
$214,524
$254,524
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,075
$254,524

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

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.

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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