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$306,000

NAL Estimated Property Value

715 Cherry Lane, Springtown, TX, 76082

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,824 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.93 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Water Heater
FlooringCarpet, Laminate

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN17740-005-002-00
Lot Number2
SubdivisionSpring Branch Acres
Land UseResidential
Legal DescriptionLOT: 2 BLK: 5 SUBD: SPRING BRANCH ACRES
Census Tract140403
Assessed Land Value$50,000
Assessed Improvement Value$243,586
Assessment Year2025

About this property

This brick home has 4 bedrooms & 3 full baths on half an acre. This charming home has a large family room & a mother in law suite or 2nd Master Bedroom which was added in 2007. The dining room is open to the kitchen & living room. The mother in law suite is on the opposite side of the house from the 3 bedrooms. It features a walk in closet, wide entries & a 7'x4' wheelchair accessible bath enclosure with a shower head on both sides, hand rails and non slip safety strips. The MIL suite also features a brick hearth for an electric fireplace. Another feature is a large mudroom or breezeway. The backyard has an amazing 44'x24' patio. It is a wonderful large covered area for entertaining your family & friends.

Investor Tools

Property Icon
$306,000
Estimated Property Value
$239,388Estimated Mortgage Balance
$66,612Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$293,586
2025
$50,000
$243,586
$293,586
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$293,586

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Fha
$263,145
Yes
First
Aug 20, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,388
$66,612
21%
78%
$1,578/mo

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: Springtown

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715 Cherry Lane | Property Details | No Agent List