Last 24 Hours
$285,000
NAL Estimated Property Value4215 Louetta Rd, Spring, TX, 77388
Off Market
Commercial
3 Beds
2 Bath
2,714 Sq Ft
$110.5 / sqft
Built in 1974Highlights
Interior
Bedrooms 3
Bathrooms Full 4
Heating Central
CoolingAppliancesDishwasher
FlooringCarpet, Tile
Exterior
Lot Size8,978 sqft
Building Information
Year Built1974
Stories1
Land Information
APN0421850000642
SubdivisionDaniel Harmon Survey Abstract #315
Land UseResidential
Legal DescriptionTR 84A-6 ABST 315 D HARMON
Census Tract553500
Assessed Land Value$35,908
Assessed Improvement Value$211,277
Assessment Year2025
About this property
Recently updated duplex located in Spring each unit features 3 bedrooms and 2 baths. Each unit has been recently painted, new carpet, and several updates. The units have private patios, open floor plan for living and kitchen area, spacious bedrooms and 2 paved parking at front. Rent each unit out and this could be a great investment property, no deed restrictions! Located conveniently near shopping, schools and businesses, with easy access to freeways. Minutes away from Tomball, Woodlands, and Champions area.
Investor Tools
$285,000
Estimated Property Value
$294,959Estimated Mortgage Balance
$285,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,643
$247,185
2025
$35,908
$211,277
$247,185
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,643
$247,185
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$304,485
Yes
First
Aug 5, 2024
Sep 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,959
N/A
0%
103%
$1,826/mo
12.4%