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$531,389

NAL Estimated Property Value

7018 River Rapids Lane, Spring, TX, 77379

Off MarketInfo
LeaseInfo
Beds5 Beds
Baths4 Bath
Baths4,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.93 / sqft
Year BuiltBuilt in 2016

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, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8,150 sqft

Building Information

Year Built2015
Garage Spaces1

Land Information

APN1368540020023
Lot Number23
Land UseResidential
Legal DescriptionLT 23 BLK 2 TWIN FALLS SEC 5
Census Tract553803
Assessed Land Value$62,151
Assessed Improvement Value$469,238
Assessment Year2025

About this property

Immaculate two-story home located in the highly desirable Twin Falls community. The elegant front door opens to the formal living, dining, study, & gorgeous hardwood floors. The kitchen boasts espresso cabinetry with crown molding, granite countertops, built-in appliances and a massive island. Relax in the spacious family room, w/ stone fireplace, dramatic high ceilings and tall windows overlooking the backyard, pool, and hot tub. Oversized primary suite/bath; with garden tub, shower, & large closet. Wrought iron balusters & staircase lead to the upstairs game room, media room, secondary bedrooms and access to balconies.The backyard is perfect for year long entertaining with covered patio and the custom heated pool and hot tub.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$835/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,363
$531,389
2025
$62,151
$469,238
$531,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,363
$531,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$250,698
No
First
Apr 22, 2016
May 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,972
$334,417
62%
37%
$1,504/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,504/mo
+$1,086/mo
5.8%

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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7018 River Rapids Lane | Property Details | No Agent List