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$326,000

NAL Estimated Property Value

518 Shenandoah Drive, Spring, TX, 77381

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.11 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size10,119 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8750-05-02400
Lot Number277
SubdivisionShenandoah Valley 05
Land UseResidential
Legal DescriptionS875005 - SHENANDOAH VALLEY 05, BLOCK 13, LOT 277
Census Tract690702
Assessed Land Value$60,000
Assessed Improvement Value$140,000
Assessment Year2025

About this property

INVESTORS ONLY. Darling ranch in highly desirable Shenandoah neighborhood. The location is perfect with direct access to all of the hospitals, market street, The Woodlands mall, I-45 and ExxonMobil. The home has new paint, granite a refrigerator and washer & dryer! A skylight and atrium make it light and bright, while mature trees keep it nice and cool. Three bedrooms, 2 baths and a huge fenced in lot! Great Woodlands schools and lots of neighborhood amenities make this home a great deal. New carpet & laminate! The atrium has now been turned into a darling sitting room - pictures of that area to follow. Also, several trees that were growing too close to the home have been taken down. The roof is 2008. Tenant occupied until the end of March, so at this point the home must be sold as investment property only. DO NOT DISTURB THE TENANTS. LOW TAXES AND NO MUD OR HOA.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$118,208Estimated Mortgage Balance
$207,792Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,088
$200,000
2025
$60,000
$140,000
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,088
$200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$135,000
No
First
Jan 6, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,208
$207,792
63%
36%
$810/mo

City: Spring

518 Shenandoah Drive | Property Details | No Agent List