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$320,000

NAL Estimated Property Value

5623 Rainflower Terrace Ln, Spring, TX, 77389

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,065 Sq Ft
price_per_sqft$169.49 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range
FlooringCarpet, Tile

Exterior

Exterior FeaturesBack Green Space
Lot Size5,750 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN1393670010065
Lot Number65
Land UseResidential
Legal DescriptionLT 65 BLK 1 HAMPTON CREEK SEC 8
Census Tract555200
Assessed Land Value$55,847
Assessed Improvement Value$246,231
Assessment Year2025

About this property

This beautifully designed home offers comfort, style, and seamless living. The heart of the home is the kitchen, featuring a large island with bar seating that flows effortlessly into the shared dining and living space, perfect for gatherings or quiet evenings at home. The spacious primary bedroom is a true retreat with a stylish accent wall, ensuite bath complete with dual sinks, a soaking tub, separate shower, and a generous walk-in closet. Step outside to a fully fenced backyard with a covered patio, ideal for relaxing or entertaining year-round. Located in the sought-after community of The Preserve at Northampton, you'll enjoy quick access to scenic walking trails, neighborhood parks, and community pools. Just minutes from Grand Parkway and I-45, commuting is easy, and The Woodlands offers endless options for shopping, dining, and entertainment nearby. This home offers the perfect blend of comfort, convenience, and connection to everything Spring has to offer.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$205,201Estimated Mortgage Balance
$114,799Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,088
$302,078
2025
$55,847
$246,231
$302,078
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,088
$302,078

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$225,565
No
First
Aug 26, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,201
$96,877
32%
64%
$1,353/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,300/mo
$2,453/mo
+$847/mo
12.4%

City: Spring

5623 Rainflower Terrace Ln | Property Details | No Agent List