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$342,000

NAL Estimated Property Value

6311 Trailway Ln, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,166 Sq Ft
price_per_sqft$140.81 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size11,901 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APN1122490000033
Lot Number33
SubdivisionSpring Creek Forest
Land UseResidential
Legal DescriptionLT 33 BLK 22 017*S6353500-003-022-033 SPRING CREEK FOREST SEC 3
Census Tract553803
Assessed Land Value$71,400
Assessed Improvement Value$240,411
Assessment Year2025

About this property

Wow! One-story, oversized lot, 4-bedroom home with an updated kitchen in desirable Spring Creek Forest! The beautiful landscape out front invites you into the entryway with 24" tile flooring and a formal dining room with direct access to the kitchen. Enjoy the central fireplace in the living room, featuring amazing windows that bring in fresh natural light and outdoor views. The kitchen boasts beautiful modern shaker-style cabinets, stainless steel appliances, granite countertops, and a designer backsplash. The spacious primary bedroom offers courtyard access and an ensuite bathroom with double sinks and a seated vanity area. There are 3 additional bedrooms, and a fantastic central patio/courtyard for amazing indoor/outdoor enjoyment. A full deck out back and a nice yard space complete this home. Neighborhood amenities include a pool just around the corner, and it’s close to shopping and dining. Zoned to "A" rated Ehrhardt Elementary!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$291,485Estimated Mortgage Balance
$50,515Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
$680/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,119
$311,811
2025
$71,400
$240,411
$311,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,119
$311,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$299,475
Yes
First
Nov 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,485
$44,515
13%
85%
$1,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,476/mo
+$114/mo
9.1%

City: Spring

6311 Trailway Ln | Property Details | No Agent List