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$419,870

NAL Estimated Property Value

5502 Alamosa Ln, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,490 Sq Ft
price_per_sqft$100 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

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, Convection Oven, Double Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringCarpet, Laminate, Tile

Exterior

Lot Size10,611 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1142950020052
Lot Number52
SubdivisionTerranova West
Land UseResidential
Legal DescriptionLT 52 BLK 2 TERRANOVA WEST SEC 1
Census Tract553601
Assessed Land Value$63,646
Assessed Improvement Value$356,224
Assessment Year2025

About this property

Charming one story located on a corner lot in Terranova West! Large living room with built-in shelves, recent NUCORE cushioned flooring and designer paint, and high ceiling. Fabulous updated kitchen with granite counters, new white tile backsplash, large island, and tile flooring! Formal dining room located off the kitchen. A large covered patio with access from the living room is perfect for morning tea. The primary bedroom features a tray ceiling, his and her closets, and granite counters. There is also access to the patio from the primary bedroom. Three other nice sized secondary bedrooms with carpet. Hall bath is spacious and also has updated granite counters. Oversized laundry room has plenty of space for freezer and shelving with guest half bath. Three cars detached garage has a separate window unit to keep you cool in the summer! Roof 2015, Trane 5 Ton A/C 2016, recent plumbing throughout 2019.

Investor Tools

Property Icon
$419,870
Estimated Property Value
$211,012Estimated Mortgage Balance
$208,858Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,519 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
$67/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,398
$419,870
2025
$63,646
$356,224
$419,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,398
$419,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$236,550
No
First
Oct 13, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,012
$208,858
49%
50%
$1,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,486/mo
+$1,104/mo
7.4%

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.

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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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5502 Alamosa Ln | Property Details | No Agent List