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$206,723

NAL Estimated Property Value

5238 Lynngate Dr, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size4,400 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1143140040014
SubdivisionPostwood
Land UseResidential
Legal DescriptionTRS 9B & 10B BLK 4 POSTWOOD SEC 5
Census Tract241001
Assessed Land Value$35,482
Assessed Improvement Value$171,241
Assessment Year2025

About this property

As you enter this beautiful newly renovated home you are greeted with an open concept with a large living/dining area and high vaulted ceilings. The kitchen features granite countertops with subway backsplash and brand new appliances. This home boast's tons of natural lighting and a beautiful fireplace to relax and enjoy. Along with these upgrades this home also includes a new AC, All with a fresh coat of paint this home is vacant and move in ready! Located with easy access to 1960, Beltway 8, Hardy Toll Rd and IAH as well as very close from major shopping centers.

Investor Tools

Property Icon
$206,723
Estimated Property Value
$207,269Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$762
$206,723
2025
$35,482
$171,241
$206,723
No

Tax History

Year
Tax Paid
Assessed Value
2024
$762
$206,723

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dept Of Housing & Cmnty Affairs
Fha
$218,960
Yes
First
Jun 28, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,269
N/A
0%
100%
$1,313/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,313/mo
+$637/mo
11.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5238 Lynngate Dr | Property Details | No Agent List