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$316,000

NAL Estimated Property Value

7122 Edwanna Ln, Spring, TX, 77389

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,778 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,097 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1357380010025
Lot Number25
Land UseResidential
Legal DescriptionLT 25 BLK 1 PRESERVE AT NORTHAMPTON SEC 4
Census Tract554902
Assessed Land Value$51,460
Assessed Improvement Value$243,744
Assessment Year2025

About this property

Stunning First-Time Rental in The Preserve @ Northampton! Welcome home to this beautifully maintained first-time rental in the desirable Preserve @ Northampton community! This home boasts an open floor plan filled with natural light, perfect for comfortable living and entertaining. The spacious living room features a cozy fireplace and soaring ceilings, creating a warm and inviting atmosphere. The island kitchen is a chef’s dream, complete with granite countertops, ample cabinetry, and a refrigerator that stays. Enjoy easy maintenance with vinyl flooring in the living areas and tile in the kitchen. Step outside to the backyard oasis, where a section of artificial grass provides a perfect play area for kids. Conveniently located with easy access to Highway 99, this home offers both comfort and convenience. Good credit (650+) No broken leases, Background check required, Income must be 3x the monthly rent. Don’t miss this rare rental opportunity, schedule your tour today! Cul-de-sac.

Investor Tools

Property Icon
$316,000
Estimated Property Value
$208,363Estimated Mortgage Balance
$107,637Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,558
$295,204
2025
$51,460
$243,744
$295,204
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,558
$295,204

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$231,725
No
First
Feb 24, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,363
$93,637
31%
66%
$1,390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,390/mo
+$1,170/mo
9.7%

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.

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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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7122 Edwanna Ln | Property Details | No Agent List