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B+

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Owner Contacts

$319,000

502 Carson Ridge Dr, Spring, TX, 77386

Off Market

3 Beds

2 Bath

1,951 Sq Ft

Single Family Residence

$166.58 / sqft

Built in 2008

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Free-Standing Range, Gas Range, Dishwasher

Exterior

Private Pool

Lot Size7,429 sqft

Building Information

Year Built2008

Stories1

Roof Type105

Garage Spaces2

Land Information

APN8229-03-00100

Lot Number1

SubdivisionRayford Ridge 03

Land UseResidential

Legal DescriptionS822903 - RAYFORD RIDGE 03, BLOCK 1, LOT 1

Census Tract691801

Assessed Land Value$58,000

Assessed Improvement Value$259,734

Assessment Year2025

About this property

Rayford Ridge! Home is situated landscaped spacious corner lot. Inside, you'll find a well-designed split floor plan with 3 bedrooms and 2 full baths. Tiled Entryway leads you to the Over-sized Living Room w/Gas log FP Hardwood flooring in Living & Formal Dining Room. Breakfast Room w/Island Kitchen. Primary Suite overlooks the spacious Private Backyard featuring a Primary Bathroom his/her sinks, a jetted tub, separate shower, large walk-in closet. The Secondary Bedrooms share a Bathroom. Island Kitchen with Breakfast Rm, The Exterior of the Home offers your own Private Backyard Oasis Pool. (Recently Resurfaced & New Pump) Large utility Room leads to the 2+Tandem Car Garage with provides ample space for your Vehicles and Storage. Don't miss out the location of this Subdivision & Home offers convenience near I-45, The Woodlands Mall, Market Street, Bush Airport, access to excellent shopping, restaurants, a Vibrant Lifestyle! Zones to Exemplary Rated Conroe ISD Schools District.

Investor Tools

$319,000

Estimated Property Value

$282,487Estimated Mortgage Balance

$47,548Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,950 /month

Positive

Cash Flow Estimate:

$650 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$610/month

$286/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,721

$317,734

2025

$58,000

$259,734

$317,734

Tax History

Year

Tax Paid

Assessed Value

2024

$5,721

$317,734

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Navy Fcu

$282,487

Yes

First

Mar 7, 2024

Apr 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$271,452

$46,282

14%

85%

$1,694/mo

Learn About the Market: Opportunity in Texas

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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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