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$373,000

NAL Estimated Property Value

508 Freemont, Spring Branch, TX, 78070

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.48 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 4Bathrooms Half 4
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Refrigerator, Range, Cooktop, Disposal
FlooringVinyl

Exterior

Lot Size10,049 sqft

Building Information

Year Built2023
Stories1
Roof Type105

Land Information

APN30-0325-1425-00
Lot Number11
SubdivisionLake Of The Hills Estates
Land UseVacant Land
Legal DescriptionLAKE OF THE HILLS ESTATES, BLOCK 22, LOT 11
Census Tract310603
Assessed Land Value$39,520
Assessed Improvement Value$214,600
Assessment Year2025

About this property

BOTH UNITS CURRENTLY LEASED! Awesome investment opportunity with this brand-new duplex! NO CITY TAXES! Both units just recently signed leases! Each unit has 2 bedrooms and 2 bathrooms and is spaciously sized at 1,080 sq ft each. The open floor plan helps it feel spacious and bright. Both units come complete with new appliances for the fridge, range, dishwasher, and microwave and are separately metered as well. The entire duplex features vinyl flooring throughout (no carpet) making it a low-maintenance investment. Both kitchens have granite countertops and a subway tile backsplashes as well. This community is an easy commute to San Antonio (Hwy 281), Canyon Lake (FM 306), and New Braunfels (Hwy 46) and is in a rapidly growing part of the state that is sure to appreciate over time. Seller is also selling another duplex around the corner (1063 Sleepy Hollow) and is willing to sell both as a package deal. Bring us an offer before it's too late!

Investor Tools

Property Icon
$373,000
Estimated Property Value
$259,253Estimated Mortgage Balance
$373,000Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,481
$254,120
2025
$39,520
$214,600
$254,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,481
$254,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$263,900
No
First
May 1, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,253
$122,747
32%
70%
$1,583/mo

City: Spring Branch

508 Freemont | Property Details | No Agent List