$448,500
7007 Flewellen Falls Lane, Spring, TX, 77379
On Market
Property Lead Type:
BankruptcyHigh Equity
Highlights
Interior
AppliancesFreestanding Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile
Exterior
Exterior FeaturesBack Green Space
Lot Size10,267 sqft
Building Information
Year Built2015
Garage Spaces2
Land Information
APN1358730020058
Lot Number58
Land UseResidential
Legal DescriptionLT 58 BLK 2 TWIN FALLS SEC 4
Census Tract553803
Assessed Land Value$64,269
Assessed Improvement Value$447,589
Assessment Year2025
About this property
Discover the potential in this spacious 5 bedroom, 4 bath home. Includes a generous backyard, fireplace, and attached 2-car garage. The home is in need of some TLC and is priced to reflect its condition, offering excellent potential for those looking to add value through updates and repairs. With its size and layout, this home provides a great opportunity for investors or buyers seeking a project. Conveniently located near shopping, dining, and major roadways.
Investor Tools
$330,049Estimated Mortgage Balance
$181,809Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,071 /month
Positive
Cash Flow Estimate:
$1,024 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
$975/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,419
$511,858
2025
$64,269
$447,589
$511,858
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,419
$511,858
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$320,850
Yes
First
Sep 15, 2015
Oct 2045
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,049
$181,809
35%
64%
$2,464/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$3,439/mo
$-849/mo
6.1%
