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$212,032

5003 Algernon Dr, Spring, TX, 77373

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.84 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,159 sqft

Building Information

Year Built1976
Garage Spaces2

Land Information

APN1070590000028
Lot Number28
SubdivisionFairfax
Land UseResidential
Legal DescriptionLT 28 BLK 5 FAIRFAX SEC 2
Census Tract241104
Assessed Land Value$48,646
Assessed Improvement Value$163,386
Assessment Year2025

About this property

Remodeled four bedroom home in great condition and ready to move in. Updates include; new two tone paint in-out, tile floors, carpet, crown molding, fixtures, etc. Remodeled kitchen with white cabinets, granite counter-tops, back-splash tile, new stainless steel appliances, a pantry and new fixtures. Spacious family room with new tile floors and a fireplace. New roof. Spacious primary bedroom, located at the first floor, with a remodeled bathroom and two walk-in closets. Good size bedrooms with new ceiling fans and large walk-in closets. Located in a large lot. Large attached two car garage. Did not flood during Harvey and not in a flood zone.

Investor Tools

Property Icon
$212,032
Estimated Property Value
$215,786Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,527 /month
Positive
Cash Flow Estimate:
$509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,581
$212,032
2025
$48,646
$163,386
$212,032
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,581
$212,032

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$215,786
Yes
First
Oct 17, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,019
N/A
0%
162%
$2,134/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,504/mo
+$16/mo
14.3%

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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