$360,000
6510 River Mill Drive, Spring, TX, 77379
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size11,901 sqft
Building Information
Year Built1979
Stories2
Garage Spaces2
Land Information
APN1122480000008
Lot Number8
SubdivisionSpring Creek Forest
Land UseResidential
Legal DescriptionLT 8 & TR 7B BLK 21 017*S6353500-003-021-007B-008 SPRING CREEK FOREST SEC 3
Census Tract553803
Assessed Land Value$71,400
Assessed Improvement Value$251,585
Assessment Year2025
About this property
Experience the charm of this spacious home nestled on an oversized-tree shaded lot in the sought after Spring Creek Forest neighborhood. Featuring updated flooring, counter tops, and bathrooms, a bright family room with beamed ceilings, walk-in pantry, and oversized 2 car garage. The primary suite includes a private study and walk-in closet with built-ins. Upstairs, the game room boasts a cathedral ceiling and gleaming wood floors. Look no further, your new home awaits!
Investor Tools
$146,957Estimated Mortgage Balance
$244,043Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
$735/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,584
$322,985
2025
$71,400
$251,585
$322,985
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,584
$322,985
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rock Mortgage Services Lp
Conventional
$178,500
No
First
Oct 23, 2017
Nov 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,957
$244,043
62%
38%
$1,071/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,806/mo
+$784/mo
7.9%
