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$634,000

NAL Estimated Property Value

7507 Faldo Drive Drive, Spring, TX, 77389

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,080 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,579 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1283770010004
Lot Number4
SubdivisionAugusta Creek
Land UseResidential
Legal DescriptionLT 4 BLK 1 AUGUSTA CREEK SEC 3
Census Tract555304
Assessed Land Value$83,617
Assessed Improvement Value$208,539
Assessment Year2025

About this property

Beautiful property in the gated neighborhood of Augusta Creek. Perfect location- close to Grand Parkway, shopping Woodlands Mall and the ExxonMobil campus, August Pines Golf Course is within minutes of the neighborhood! The lot has been cleared and is ready for you to build the home of your dreams! Frontier Custom Builders has plans ready for viewing.

Investor Tools

Property Icon
$634,000
Estimated Property Value
$476,313Estimated Mortgage Balance
$157,687Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,837 /month
Positive
Cash Flow Estimate:
$1,279 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
$2,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$813
$292,156
2025
$83,617
$208,539
$292,156
No

Tax History

Year
Tax Paid
Assessed Value
2024
$813
$292,156

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vantage Bank Texas
Conventional
$479,683
No
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,313
$157,687
24%
75%
$3,312/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,300/mo
$5,712/mo
$-2,412/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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7507 Faldo Drive Drive | Property Details | No Agent List