$238,869
NAL Estimated Property Value6310 Fallengate Dr, Spring, TX, 77373
Off Market
Property Lead Type:
BankruptcyOff-Market ListDeal ListAbsentee Owner
Highlights
Interior
AppliancesElectric Oven, Electric Range
FlooringCarpet, Tile
Exterior
Lot Size6,403 sqft
Building Information
Year Built1979
Stories1
Garage Spaces2
Land Information
APN1104850000060
Lot Number60
SubdivisionGreengate Place
Land UseResidential
Legal DescriptionLT 60 BLK 14 GREENGATE PLACE SEC 5 R/P
Census Tract241002
Assessed Land Value$47,692
Assessed Improvement Value$191,177
Assessment Year2025
About this property
GREAT investor or rehab property. NEWER ROOF! Large wood burning fireplace. Built-in microwave. Generous lot size, established neighborhood, NICE 10X10 outdoor STORAGE shed. BR sizes are approx. Large PECAN and OAK trees. Good location for schools.
Investor Tools
$238,869
Estimated Property Value
$175,686Estimated Mortgage Balance
$63,183Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,433 /month
Positive
Cash Flow Estimate:
$478 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
$450/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,003
$238,869
2025
$47,692
$191,177
$238,869
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,003
$238,869
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Unknown
$181,649
No
First
Jul 19, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,686
$63,183
26%
74%
$1,090/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,540/mo
+$980/mo
12.7%
