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$354,000

NAL Estimated Property Value

8026 Democracy Ct, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,778 Sq Ft
price_per_sqft$100.76 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size8,250 sqft

Building Information

Year Built1988
Stories2
Garage Spaces2

Land Information

APN1137310000019
Lot Number19
SubdivisionMemorial Northwest Estates
Land UseResidential
Legal DescriptionLT 19 BLK 2 017*M1877141-001-002-019 MEMORIAL NORTHWEST ESTATES SEC 1
Census Tract553901
Assessed Land Value$60,101
Assessed Improvement Value$253,242
Assessment Year2025

About this property

This elegant home is ready for immediate move-in. The interior boasts a first level primary bedroom with spacious bath, great living and dining spaces, and a dramatic staircase to the upstairs game room and additional bedrooms. Two upstairs bedrooms are joined by a Hollywood bath and the other bedroom is separated by the game room and has a full bath. The backyard is an oasis with a pool, spa, and landscaping.

Investor Tools

Property Icon
$354,000
Estimated Property Value
$243,685Estimated Mortgage Balance
$110,315Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,113
$313,343
2025
$60,101
$253,242
$313,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,113
$313,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$268,382
Yes
First
Jul 22, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,685
$115,315
32%
69%
$1,610/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,085/mo
+$505/mo
8.8%

City: Spring

8026 Democracy Ct | Property Details | No Agent List