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$250,000

6602 Fallengate Dr, Spring, TX, 77373

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.03 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringVinyl

Exterior

Lot Size6,499 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1104880000022
Lot Number22
SubdivisionGreengate Place
Land UseResidential
Legal DescriptionLT 22 BLK 28 GREENGATE PLACE SEC 5 R/P
Census Tract241002
Assessed Land Value$47,925
Assessed Improvement Value$179,526
Assessment Year2025

About this property

Welcome home to 6602 Fallengate Drive, situated on a spacious corner lot in the Greengate Place community! This beautifully renovated home offers 3 bedrooms, 2 full baths, and a 2-car attached garage. Step inside to an open-concept layout where timeless charm blends seamlessly with modern finishes. The inviting living and dining areas showcase custom built-ins that add character and functionality, a striking corner brick fireplace, luxury vinyl plank flooring, and large windows that fill the home with natural light. The updated kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, double oven, and ample prep space. Unwind in the spacious primary suite with a spa-inspired walk-in shower, granite vanity, and walk-in closet. Relax year-round on the screened-in porch overlooking the low-maintenance backyard. Conveniently located near Beltway 8, I-45, shopping, dining, parks, and entertainment, this home offers exceptional style and everyday convenience.

Investor Tools

$209,808Estimated Mortgage Balance
$17,643Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Nicole Freer

Corcoran Genesis

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
$111/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,603
$227,451
2025
$47,925
$179,526
$227,451
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,603
$227,451

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Unknown
$224,753
No
First
Dec 13, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,808
$17,643
7%
92%
$1,348/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,459/mo
+$491/mo
10.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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6602 Fallengate Dr | Property Details | No Agent List