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$226,165

6627 Fallengate Dr, Spring, TX, 77373

$238,027 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,112 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.09 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size19,445 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1104880000015
Lot Number15
SubdivisionGreengate Place
Land UseResidential
Legal DescriptionLT 15 BLK 28 GREENGATE PLACE SEC 5 R/P
Census Tract241002
Assessed Land Value$57,559
Assessed Improvement Value$168,606
Assessment Year2025

About this property

Welcome to this charming 3bd-2ba-2ga home in Spring, where modern updates meet timeless elegance. From updated paint on interiors and a welcoming curb appeal, this house exudes warmth and style. Inside, enjoy beautiful flooring throughout, updated AC, and a modern kitchen with spacious countertops. The spacious living room and fenced backyard offer the ideal space for entertaining or unwinding. With its blend of comfort and sophistication, this home is the perfect retreat.

Investor Tools

Property Icon
$226,165
Estimated Property Value
$168,750Estimated Mortgage Balance
$72,944Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$238,027
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,357 /month
Positive
Cash Flow Estimate:
$452 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,012
$226,165
2025
$57,559
$168,606
$226,165
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,012
$226,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$168,750
No
First
Jul 26, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,221
$72,944
32%
68%
$1,012/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,012/mo
+$938/mo
10.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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