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$382,000

NAL Estimated Property Value

5514 Lacreek Ln, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,024 Sq Ft
price_per_sqft$112.1 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

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, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringLaminate

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size9,361 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1142950080283
Lot Number283
SubdivisionTerranova West
Land UseResidential
Legal DescriptionLT 283 BLK 8 TERRANOVA WEST SEC 1
Census Tract553601
Assessed Land Value$62,910
Assessed Improvement Value$312,705
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED,DEADLINE FOR THE HIGHEST AND BEST OFFERS BY MONDAY 2/7 7:00 pm. This home has both charm, character, and all of the modern amenities and upgrades that are in demand! Spacious 4-bedroom, 2.5 bath has been remodeled from top to bottom. Move-in ready. Plenty of storage in all rooms. Also includes brand new water heater and exterior lights. Great home for entertaining. Includes a large upstairs game/flex room. Beautiful, remodeled kitchen includes all stainless-steel Smart technology appliances, granite countertops, and gas range for the chef in the family. All bathrooms have been remodeled. Added feature includes custom roman shades on all windows. This is a home that will not last long! Room measurements are estimates and need to be verified.

Investor Tools

Property Icon
$382,000
Estimated Property Value
$0Estimated Mortgage Balance
$382,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,237
$375,615
2025
$62,910
$312,705
$375,615
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,237
$375,615

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$381,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$700/mo
+$1,890/mo
8.1%

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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5514 Lacreek Ln | Property Details | No Agent List