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$379,000

531 W North Hill Dr, Spring, TX, 77388

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,077 Sq Ft
price_per_sqft$123.17 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size8,141 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN1166980010005
Lot Number5
SubdivisionCypress Forest Estates R/P
Land UseResidential
Legal DescriptionLT 5 BLK 1 CYPRESS FOREST ESTATES R/P
Census Tract553401
Assessed Land Value$60,210
Assessed Improvement Value$291,433
Assessment Year2025

About this property

Price Reduced by $8,000! Beautifully maintained and move-in ready, this home is located in a peaceful, established neighborhood with quick access to I-45. Featuring crown molding and upgraded plantation shutters throughout, this home offers a timeless, elegant feel with no carpet and beautiful wood flooring throughout the second floor. Major updates include a roof replaced just 2 years ago, one HVAC system replaced in 2024, and a second HVAC installed in 2010. Enjoy the convenience of being within walking distance to Lemm Elementary School and the beautiful 53-acre Cypress Forest Park, featuring three lakes, scenic walking trails, and plenty of green space to enjoy. Ideally located just 15 minutes from The Woodlands Mall, Costco, The Woodlands Medical Center, ExxonMobil Campus, and George Bush Intercontinental Airport (IAH), this home offers exceptional comfort, convenience, and location. NEVER FLOODED! Schedule your private showing today!

Investor Tools

$0Estimated Mortgage Balance
$356,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

Interested in this property?

Phuong Ho

5th Stream Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,176
$351,643
2025
$60,210
$291,433
$351,643
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,176
$351,643

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$362,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$675/mo
+$2,505/mo
10.7%

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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531 W North Hill Dr | Property Details | No Agent List