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$312,000

NAL Estimated Property Value

5223 Ashmere Lane, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,899 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.73 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringConcrete, Tile, Vinyl

Exterior

Lot Size11,247 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1086850000103
Lot Number103
SubdivisionTerranova
Land UseResidential
Legal DescriptionLT 103 BLK 3 TERRANOVA SEC 1
Census Tract553601
Assessed Land Value$66,938
Assessed Improvement Value$228,157
Assessment Year2025

About this property

5223 Ashmere Lane is a beautifully maintained Terra Nova home that has been deeply loved and meticulously cared for by the same family since it was built. The home offers classic charm, thoughtful updates, and a functional layout. Beautiful landscaping and a newly painted exterior—including the shutters and front door—create wonderful curb appeal. Inside, the freshly painted interior features a flexible floor plan with a formal sitting room, dining room, and a spacious living room with painted beams and custom paneling. A bonus space with French doors includes built-ins and a floor-to-ceiling gas fireplace. The kitchen features granite countertops, a built-in desk, custom hutch, and breakfast room with easy access to the mudroom, laundry, and half bath. Upstairs you'll find 4 bedrooms and 2 full baths thoughtfully located together. The spacious backyard includes a large patio and walkway to the detached garage. Terra Nova offers mature trees, community amenities, and Klein ISD schools.

Investor Tools

Property Icon
$312,000
Estimated Property Value
$280,800Estimated Mortgage Balance
$31,200Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,874 /month
Positive
Cash Flow Estimate:
$625 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$218
$295,095
2025
$66,938
$228,157
$295,095
No

Tax History

Year
Tax Paid
Assessed Value
2024
$218
$295,095

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$280,800
No
First
May 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,800
$31,200
10%
90%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$675/mo
+$1,915/mo
10.0%

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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5223 Ashmere Lane | Property Details | No Agent List