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$304,344

NAL Estimated Property Value

9431 Springmont Dr, Houston, TX, 77080

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.39 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size8,320 sqft

Building Information

Year Built1971
Stories1
Garage Spaces2

Land Information

APN0811020000026
Lot Number26
SubdivisionLazy Spring Acres
Land UseResidential
Legal DescriptionLT 26 BLK 1 LAZY SPRING ACRES
Census Tract521501
Assessed Land Value$116,400
Assessed Improvement Value$187,944
Assessment Year2025

About this property

Prime for a remodel/addition or moving right in and enjoying the charm of this home and the generous backyard space. The possibilities as an investment or to build equity as your home are plentiful. The house has been an enjoyable rental for years. A generous 8320 sq. ft. lot and great bones in the existing 1400 sq. ft. house offers a myriad of possibilities. Hard to beat price to be in a close-in neighborhood. Gutted remodels, modestly updated and new construction throughout the area. Spring Branch area is attractive to buyers and homeowners for its character, quick access to bike trails, numerous parks, wide variety of demographics, consistent property values, and proximity to many of Houston's business districts. Local restaurants, bistros and breweries, and a wide variety of local shopping establishments draws many to the urban lifestyle of this area. No history is of flooding.

Investor Tools

Property Icon
$304,344
Estimated Property Value
$131,209Estimated Mortgage Balance
$173,135Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,826 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,060
$304,344
2025
$116,400
$187,944
$304,344
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,060
$304,344

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$146,500
No
First
Dec 16, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,209
$173,135
56%
43%
$879/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$879/mo
+$428/mo
5.2%

City: Houston

9431 Springmont Dr | Property Details | No Agent List