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$510,000

7 Thorpe Ln, Spring, TX, 77389

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.84 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Sprinkler System
Lot Size2,631 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1353250100008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 3 HARPER WOODS 2ND PAR R/P
Census Tract555200
Assessed Land Value$79,856
Assessed Improvement Value$463,561
Assessment Year2025

About this property

Located in Harper Woods neighborhood at Springwoods Village, this stunning home offers the perfect blend of luxury, and privacy. Conveniently located at Grand Parkway 99 and I-45, with the ExxonMobil campus, HP, and CityPlace’s dining just steps away. Upstairs, the spacious living area features 10-foot ceilings, hard wood flooring, abundant natural light, double balcony doors, and upgraded kitchen with quartz countertops complete with large island for entertaining. The primary suite offers his-and-her closets, soaking tub, oversized shower, and a private balcony. Downstairs you'll find additional living space with two secondary bedrooms, a full guest bathroom, and laundry room. This home features upgraded finishes throughout, a covered patio, and thoughtful design that perfectly blends style, comfort, and functionality. Enjoy exceptional accessibility: 10 minutes to Market Street, 20 minutes to IAH, and just 35 minutes to Downtown Houston.

Investor Tools

$398,542Estimated Mortgage Balance
$144,875Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,261 /month
Positive
Cash Flow Estimate:
$1,087 /month

Interested in this property?

Matthew Gutierrez

Jane Byrd Properties International LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$507/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,362
$543,417
2025
$79,856
$463,561
$543,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,362
$543,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$435,608
No
First
Feb 15, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,542
$144,875
26%
73%
$2,612/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$3,812/mo
$-1,252/mo
5.7%

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.

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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