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$348,000

NAL Estimated Property Value

614 Basswood Dr, Spring, TX, 77386

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,457 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.96 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size20,251 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9010-01-05400
Lot Number54
SubdivisionSpring Oaks
Land UseResidential
Legal DescriptionSPRING OAKS, LOT 54
Census Tract691801
Assessed Land Value$58,000
Assessed Improvement Value$265,204
Assessment Year2025

About this property

Well kept home on close to half an acre. As you enter you are welcomed to a good size entry off which are the formal living and dining room you then move through to the family room with windows overlooking the spacious yard, then we have the kitchen, with stainless steel appliances, and breakfast room both of which are spacious. From the family room you access the bedrooms with primary bedroom and bathroom at the front of the home and three good size secondary bedrooms to the side and rear. The family bathroom has been updated to a large walk in shower. This home has truly been well looked after by it's original owner.

Investor Tools

Property Icon
$348,000
Estimated Property Value
$208,030Estimated Mortgage Balance
$139,970Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,448
$323,204
2025
$58,000
$265,204
$323,204
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,448
$323,204

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$230,000
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,030
$145,970
41%
60%
$1,379/mo

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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614 Basswood Dr | Property Details | No Agent List