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$367,000

8002 Ash Valley Dr, Spring, TX, 77379

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.83 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,032 sqft

Building Information

Year Built1982
Garage Spaces2

Land Information

APN1137310000008
Lot Number8
SubdivisionMemorial Northwest Estates
Land UseResidential
Legal DescriptionLT 8 BLK 2 017*M1877141-001-002-008 MEMORIAL NORTHWEST ESTATES SEC 1
Census Tract553901
Assessed Land Value$61,481
Assessed Improvement Value$302,872
Assessment Year2025

About this property

Gorgeous home with a totally separate apartment with private entrance above the garage. Apartment has full kitchen, bath, one bedroom, living room and dining L. Apartment is not updated except floors, but nice. Main house has 4 bedrooms 2.5 baths, amazing kitchen with oversized 6 burner Gas range. Separate Electric oven with microwave. Newer Carpet, Tile. Lots of extras throughout.

Investor Tools

Property Icon
$367,000
Estimated Property Value
$287,200Estimated Mortgage Balance
$104,238Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
$530/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,937
$364,353
2025
$61,481
$302,872
$364,353
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,937
$364,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$287,200
No
First
Nov 8, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,762
$127,238
32%
72%
$1,722/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,252/mo
+$338/mo
8.5%

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.

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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8002 Ash Valley Dr | Property Details | No Agent List