$360,000
NAL Estimated Property Value8322 Forest Ridge Rd, Spring, TX, 77379
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size10,202 sqft
Building Information
Year Built1977
Garage Spaces2
Land Information
APN1071620000006
Lot Number6
SubdivisionMemorial Northwest
Land UseResidential
Legal DescriptionLT 6 BLK 30 MEMORIAL NORTHWEST SEC 4 PAR R/P
Census Tract556100
Assessed Land Value$66,300
Assessed Improvement Value$268,127
Assessment Year2025
Investor Tools
$360,000
Estimated Property Value
$269,255Estimated Mortgage Balance
$90,745Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$507/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,283
$334,427
2025
$66,300
$268,127
$334,427
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,283
$334,427
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Branto Llc
Purchase Money Mortgage
$283,000
No
First
Sep 29, 2023
Sep 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,255
$89,745
24%
75%
$1,697/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,697/mo
+$893/mo
8.6%
