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$332,000

NAL Estimated Property Value

7414 Nicholforest Ln, Spring, TX, 77389

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,048 Sq Ft
price_per_sqft$165.53 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator Included, Washer Included, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,802 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1158710050046
Lot Number46
SubdivisionCoventry
Land UseResidential
Legal DescriptionLT 46 BLK 5 COVENTRY SEC 3
Census Tract555304
Assessed Land Value$58,968
Assessed Improvement Value$268,254
Assessment Year2025

About this property

Discover this charming single-story 3-bedroom, 2-bath home nestled in a quiet and safe neighborhood. Featuring tall ceilings and an open floor plan, this residence offers a spacious and airy ambiance. The well-designed layout includes a kitchen open to the living area, and the primary suite on opposite sides of the 2nd and 3rd bedrooms for some peace and quiet. New Furnace, New AC Condenser 2023, Water Heater 2022, New carpet, Entire home water filtration system by Rain Soft with Reverse Osmosis under the sink. Enjoy the tranquility and peace of this desirable location while being conveniently close to schools, parks, and shopping. This home is a perfect blend of comfort and convenience, ready for you to move in and make it your own. This neighborhood has a pool and huge park within walking distance where you will find many families and kids riding their bikes to and from the park.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$311,477Estimated Mortgage Balance
$20,523Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,394
$327,222
2025
$58,968
$268,254
$327,222
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,394
$327,222

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank
Va
$322,050
Yes
First
Jul 24, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,477
$30,523
8%
94%
$1,931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,181/mo
+$379/mo
9.3%

City: Spring

7414 Nicholforest Ln | Property Details | No Agent List