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$1,200,000

NAL Estimated Property Value

7502 Raes Creek Dr, Spring, TX, 77389

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,468 Sq Ft
price_per_sqft$279.54 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Double Oven, Electric Oven, Microwave, Gas Cooktop, Indoor Grill, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size20,107 sqft

Building Information

Year Built2007
Garage Spaces4

Land Information

APN1283750010018
Lot Number18
SubdivisionAugusta Creek
Land UseResidential
Legal DescriptionLT 18 BLK 1 AUGUSTA CREEK SEC 1
Census Tract555304
Assessed Land Value$229,143
Assessed Improvement Value$970,857
Assessment Year2025

About this property

Nestled in a serene neighborhood, 7502 Raes Creek is a stunning Single-Family property with 4 bedrooms and 4 1/2 bathrooms. Spanning 4468 square feet of living space, this home features a fabulous flowing floor plan with a formal study, dining room with wet bar, and gourmet kitchen with high-end stainless steel appliances. Situated on the 14th hole of Augusta Pines Golf Course on a spacious lot of 20105 sq', it offers a peaceful retreat with a sparkling spa pool and outdoor kitchen. The game room is also located on the ground floorwith a door leading to the backyard. Additional amenities include a whole house generator, water softener, and 2 fireplaces. Don't miss the chance to tour this exceptional property. Contact me today for a private showing.

Investor Tools

Property Icon
$1,200,000
Estimated Property Value
$682,390Estimated Mortgage Balance
$517,610Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,494 /month
Positive
Cash Flow Estimate:
$2,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,311/month
$1,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,731
$1,200,000
2025
$229,143
$970,857
$1,200,000
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,731
$1,200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$700,000
No
First
Dec 17, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$682,390
$517,610
43%
57%
$4,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,300/mo
$5,847/mo
$-2,547/mo
3.3%

Learn About the Market: Opportunity in Texas

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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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7502 Raes Creek Dr | Property Details | No Agent List