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$323,000

NAL Estimated Property Value

402 Railey Cove, Springtown, TX, 76082

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,772 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.55 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Washer
FlooringCarpet

Exterior

Lot Size11,805 sqft

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN12138-001-037-00
Lot Number37
SubdivisionEstates Of Springtown
Land UseResidential
Legal DescriptionACRES: 0.271 SUBD: ESTATES OF SPRINGTOWN LOT: 37 BLK: 1 ADDN: EST OF SPRINGTOWN
Census Tract140403
Assessed Land Value$50,000
Assessed Improvement Value$258,620
Assessment Year2025

About this property

Just imagine the money you will SAVE with this eco friendly home, powered by a Tesla solar system that reduces the electric bill. The solar system is completely transferable and highlights this beautiful 1-story home tucked away at the end of the culdesac that has been meticulously maintained and move-in ready! Interior features a wood burning fireplace, luxury vinyl plan floors, carpet, ceiling fans and large living room for entertaining. You are very close to schools and shopping in Springtown. It is not often you come across not only a great home but one that includes washer, dryer, refrigerator, and eco friendly solar panels. The primary suite is separate from other bedrooms for privacy & has a walk-in closet and an ensuite bathroom with dual sinks. The backyard is your new private oasis! Don’t miss out on this gem.

Investor Tools

Property Icon
$323,000
Estimated Property Value
$242,466Estimated Mortgage Balance
$80,534Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$308,620
2025
$50,000
$258,620
$308,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$308,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$260,200
Yes
First
Sep 7, 2022
Oct 2062

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,466
$80,534
24%
75%
$1,561/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: Springtown

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402 Railey Cove | Property Details | No Agent List