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$340,000

NAL Estimated Property Value

8615 Granite Gorge Dr, Spring, TX, 77379

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,829 Sq Ft
price_per_sqft$97.21 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,765 sqft

Building Information

Year Built1996
Garage Spaces1

Land Information

APN1184110020040
Lot Number40
SubdivisionChampion Springs
Land UseResidential
Legal DescriptionLT 40 BLK 2 CHAMPION SPRINGS SEC 2
Census Tract554103
Assessed Land Value$57,503
Assessed Improvement Value$263,240
Assessment Year2025

About this property

Great 2 story Hammonds Home in Champion Springs! Updates galore...paint, carpet, tile, and granite in 2021. Adjoining formals are great for entertaining. Island kitchen opens to family room features gas cooking and granite counters. Cozy family room with fireplace. Upstairs you will find the large gameroom and 3 spacious bedrooms. The primary suite features sitting area, double sinks with granite counters, garden tub, separate shower, and walk-in closet. Private backyard with multi-level deck and storage shed. Easy access to shopping and freeways.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$242,626Estimated Mortgage Balance
$97,374Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,444
$320,743
2025
$57,503
$263,240
$320,743
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,444
$320,743

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$268,250
No
First
May 27, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,626
$95,374
28%
71%
$1,609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$2,269/mo
$-269/mo
7.1%

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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8615 Granite Gorge Dr | Property Details | No Agent List