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$353,000

NAL Estimated Property Value

6711 Falling Waters Dr, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,454 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.7 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size20,003 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN1048840000006
Lot Number6
SubdivisionSpring Creek Forest
Land UseResidential
Legal DescriptionLT 6 BLK 1 017*S6353500-001-001-006 SPRING CREEK FOREST SEC 1
Census Tract553803
Assessed Land Value$77,850
Assessed Improvement Value$201,162
Assessment Year2025

About this property

Beautifully updated 2-story home nestled on almost a half-acre in the quiet, wooded neighborhood of Spring Creek Forest! This unique, eclectic home boasts 4 spacious bedrooms (all upstairs), 2 1/2 baths, formal dining, flex space currently being used as an office and a recently remodeled primary closet with built-ins & gorgeous ensuite. This home also features a beautiful stone fireplace, American Clay walls and ceilings throughout, and a large bar for entertaining. The flourishing backyard is full of fruit trees and mature landscaping with a lovely screened in porch for birdwatching. The kitchen has freshly painted cabinets with pull-out shelves and lots of storage. Top rated Klein ISD and a close drive to Vintage Park and Old Town Spring!

Investor Tools

Property Icon
$353,000
Estimated Property Value
$316,397Estimated Mortgage Balance
$36,603Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
$655/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,639
$279,012
2025
$77,850
$201,162
$279,012
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,639
$279,012

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tomo Mortgage Llc
Conventional
$342,000
No
First
May 31, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,397
$36,603
10%
90%
$2,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,706/mo
$-116/mo
8.8%

Learn About the Market: Opportunity in Texas

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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.

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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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6711 Falling Waters Dr | Property Details | No Agent List