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NoAgentList RatingHow are grades calculated?Info

$373,638

NAL Estimated Property Value

614 Merrimac Ridge Ln, Spring, TX, 77373

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.84 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,475 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN1222090010013
Lot Number13
SubdivisionVillages Of Northgate Crossing
Land UseResidential
Legal DescriptionLT 13 BLK 1 VILLAGES OF NORTHGATE CROSSING SEC 7
Census Tract241301
Assessed Land Value$66,154
Assessed Improvement Value$307,484
Assessment Year2025

About this property

Beautiful home located close to the Exxon Campus and The Woodlands. Home with a beautiful brick elevation and a large oversized detached garage. Master suite is large with a study or sitting area enclosed in it. Master bathroom includes separate bath and shower, His and Hers walk in closets. Kitchen has 42 inch cabinets, granite counter tops. Lots of counter space. Open concept home perfect for entertaining. The home has a large game room. It has lots of storage including a Texas Basement. Large back yard for entertaining.

Investor Tools

Property Icon
$373,638
Estimated Property Value
$241,873Estimated Mortgage Balance
$131,765Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,242 /month
Positive
Cash Flow Estimate:
$747 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
$595/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,323
$373,638
2025
$66,154
$307,484
$373,638
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,323
$373,638

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$266,900
Yes
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,873
$131,765
35%
65%
$1,601/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,196/mo
+$324/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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614 Merrimac Ridge Ln | Property Details | No Agent List