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$215,000

5010 Deer Point Dr, Spring, TX, 77389

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.26 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size6,120 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1147330090009
Lot Number9
SubdivisionFoxhollow West R/P
Land UseResidential
Legal DescriptionLT 9 BLK 9 017*F6053196-001-009-009 FOXHOLLOW WEST R/P
Census Tract555200
Assessed Land Value$37,333
Assessed Improvement Value$157,027
Assessment Year2025

About this property

Not your average home. This 2 bedroom home has a LARGE backyard and has been remodeled head to toe with wood plank tile floors throughout, tankless water heater, pex plumbing, and a recent roof. The kitchen is truly a chefs kitchen with custom appliances including a farm sink, electrolux dishwasher, convection oven, stainless steal gas range, and a huge smart refrigerator. The kitchen opens up to the living and dining areas making for cozy nights around the custom fireplace. Both bedrooms feature walk in closets, and there is a bonus room that can serve as an office, playroom, or additional room. The primary bedroom also has an en-suite bathroom that has been newly remodeled. Located close to Gosling and 99 Grand Parkway, this home is in the highly sought after Klein ISD and close to stores, restaurants, parks, and the hospital.

Investor Tools

$2,986Estimated Mortgage Balance
$266,014Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Brittany Cabrera

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,021
$194,360
2025
$37,333
$157,027
$194,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,021
$194,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crestar Mtg Corp
N/A
$37,900
N/A
First
Nov 24, 1997
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,986
$266,014
98%
1%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$175/mo
+$1,765/mo
8.7%

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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5010 Deer Point Dr | Property Details | No Agent List