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$449,000

5615 Edgewood Place Dr, Spring, TX, 77379

PendingInfo
Beds4 Beds
Baths3 Bath
Baths3,122 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.82 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,398 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1219720030046
Lot Number46
SubdivisionStone Forest
Land UseResidential
Legal DescriptionLT 46 BLK 3 STONE FOREST SEC 1
Census Tract554906
Assessed Land Value$44,624
Assessed Improvement Value$350,478
Assessment Year2025

About this property

Nestled on a quiet cul-de-sac, this beautifully maintained Mediterranean home offers 4 bed (private first floor primary suite), 2.5 baths, a home office, formal dining room with wainscoting and crown molding, game room and a sparkling pool. The open-concept design features soaring ceilings, abundant natural light, engineered wood and tile flooring & a spacious family room w/ a gas log fireplace. The island kitchen boasts quartz countertops, stainless steel appliances, a breakfast bar and generous prep space. The first floor primary retreat offers dual vanities, a soaking tub, glass enclosed shower and walk-in closet. Upstairs are 3 spacious secondary bedrooms and a versatile game room. Relax or entertain in your private backyard oasis featuring an expansive covered patio overlooking a sparkling pool with a tranquil water feature, creating the perfect setting for morning coffee, weekend barbecues or relaxing evenings under the stars creating a unforgettable memories for years to come.

Investor Tools

$261,952Estimated Mortgage Balance
$198,048Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,725
$395,102
2025
$44,624
$350,478
$395,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,725
$395,102

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$288,500
No
First
Sep 9, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,952
$198,048
43%
57%
$1,730/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,225/mo
+$365/mo
6.8%

City: Spring

5615 Edgewood Place Dr | Property Details | No Agent List