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$394,000

NAL Estimated Property Value

5531 Cobble Ln, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,120 Sq Ft
price_per_sqft$95.83 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

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, Electric Oven, Electric Range, Dishwasher, Cooktop
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size20,303 sqft

Building Information

Year Built1982
Stories2
Garage Spaces2

Land Information

APN1142950020044
Lot Number44
SubdivisionTerranova West
Land UseResidential
Legal DescriptionLT 44 BLK 2 TERRANOVA WEST SEC 1
Census Tract553601
Assessed Land Value$70,913
Assessed Improvement Value$312,734
Assessment Year2025

About this property

Park like 20,301 sq. ft. lot with mature trees at end of cul de sac. 4 bedroom Victorian home ready for your personalization. Primary bedroom down, formal dining room doubles as home office. Garme room up. Island kitchen with electric cook top. Stainless steel appliances House being sold as is.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$307,358Estimated Mortgage Balance
$86,642Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$810/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,106
$383,647
2025
$70,913
$312,734
$383,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,106
$383,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$333,450
No
First
Mar 31, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,358
$85,642
21%
78%
$2,000/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,810/mo
$-220/mo
7.9%

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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5531 Cobble Ln | Property Details | No Agent List