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$361,000

NAL Estimated Property Value

9025 Wellspring Dr, Houston, TX, 77080

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,628 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.84 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size2,361 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1402720020012
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 2 LAVERNE SPRINGS
Census Tract521202
Assessed Land Value$132,340
Assessed Improvement Value$203,895
Assessment Year2025

About this property

Introducing a stunning lease opportunity in Houston: a corner-lot gem in a private gated community. This property boasts a personal driveway and a lush, turfed backyard, perfect for serene living and grilling. Inside, bask in abundant natural light that highlights the tall ceilings and elegant engineered hardwood floors throughout. The home features an epoxied garage and clever under-stairwell storage. Comprising 3 bedrooms and 2.5 baths, it includes essential appliances like a fridge and washer, blending comfort with convenience in a beautifully designed space. Modern living is effortless with a 220V outlet for EV charging. Centrally located in Spring Branch, just minutes away from popular attractions such as the Galleria Mall, Memorial City Mall, HEB and tons of restaurants. Lease amount includes water, trash and recycling!

Investor Tools

Property Icon
$361,000
Estimated Property Value
$293,753Estimated Mortgage Balance
$67,247Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,166
$336,235
2025
$132,340
$203,895
$336,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,166
$336,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Unknown
$322,905
No
First
Aug 16, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,753
$66,247
18%
81%
$1,936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,936/mo
$-214/mo
5.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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9025 Wellspring Dr | Property Details | No Agent List