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$305,000

507 Willow Wisp Cir, Spring, TX, 77388

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,305 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.26 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Microwave, Dishwasher
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size14,000 sqft

Building Information

Year Built1982
Stories2
Garage Spaces2

Land Information

APN1142330040033
Lot Number33
SubdivisionDevonshire Woods
Land UseResidential
Legal DescriptionLT 33 BLK 4 DEVONSHIRE WOODS SEC 1
Census Tract553405
Assessed Land Value$63,285
Assessed Improvement Value$196,617
Assessment Year2025

About this property

Welcome to your dream home at 507 Willow Wisp Circle located in the Devonshire Woods subdivision of Spring, Texas. This enchanting single-family residence, nestled on a peaceful cul de sac lot, is perfect for homebuyers seeking a blend of comfort and potential. With three cozy bedrooms and two and a half well-appointed bathrooms, this home offers the ideal setting for family living. The layout includes a formal dining room, perfect for hosting dinners and creating lasting memories. The attached two-car garage provides ample space for vehicles and storage. Step outside to discover the jewel of the property: a private inground pool. It’s your personal oasis for relaxation and entertainment. The 1400 square foot land size ensures enough space for outdoor activities and gardening. Don't miss the opportunity to own this delightful home, where every detail is a promise of a new chapter filled with joy and ease. Visit 507 Willow Wisp Circle and start envisioning your future today!

Investor Tools

Property Icon
$305,000
Estimated Property Value
$275,310Estimated Mortgage Balance
$35,365Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
$488/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,412
$259,902
2025
$63,285
$196,617
$259,902
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,412
$259,902

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Focusone Mortgage Llc
Conventional
$275,310
No
First
Mar 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,635
$36,365
11%
88%
$1,651/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$2,139/mo
+$321/mo
9.7%

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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507 Willow Wisp Cir | Property Details | No Agent List