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$578,000

NAL Estimated Property Value

6815 Redwood Terrace Ln, Spring, TX, 77389

$596,972 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,983 Sq Ft
price_per_sqft$150.64 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,398 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1337540010019
Lot Number19
SubdivisionAuburn Lakes Reserve
Land UseResidential
Legal DescriptionLT 19 BLK 1 AUBURN LAKES RESERVE SEC 5
Census Tract555304
Assessed Land Value$79,968
Assessed Improvement Value$486,872
Assessment Year2025

About this property

Charming home tucked into the sought after master-planned community of Auburn Lakes. Incredible layout to live and entertain! This home showcases an open concept living space: island Kitchen, Formal Dining and Breakfast Room. A chef's dream Kitchen features granite countertops, a large island, double ovens, gas range, and generous storage. Family Room has a cozy fireplace, soaring ceilings and large picture windows for abundant natural light. Relax in the Primary Suite with jetted tub, walk-in shower, double vanities and excellent closet space. Second Bedroom and dedicated Study perfectly complete the downstairs space. Spacious Gameroom, Media Room, 3 Bedrooms and 2 full Baths upstairs! Fabulous outdoor living space and a backyard with plenty of room for a pool. 3 Car driveway, WHOLE-HOME GENERATOR, and Garage! Access to neighborhood amenities including pool, tennis courts & workout facility. Incredible proximity to Exxon, HP, The Woodlands, Hardy Toll Road and TX99!

Investor Tools

Property Icon
$578,000
Estimated Property Value
$235,163Estimated Mortgage Balance
$342,837Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$596,972
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$942/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,418
$566,840
2025
$79,968
$486,872
$566,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,418
$566,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sofi Bank Na
Va
$237,937
Yes
First
Sep 19, 2025
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,163
$344,837
59%
41%
$1,427/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,300/mo
$2,077/mo
+$1,223/mo
6.9%

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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6815 Redwood Terrace Ln | Property Details | No Agent List