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$225,000

17555 Methil Dr, Spring, TX, 77379

$225,332 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.71 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer Included, Refrigerator Included, Washer Included, Electric Oven, Electric Cooktop
FlooringLaminate, Tile

Exterior

Lot Size11,800 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN1022880000002
Lot Number2
SubdivisionGlenloch
Land UseResidential
Legal DescriptionLT 2 BLK 2 017*G4555400-001-002-002 GLENLOCH
Census Tract554104
Assessed Land Value$60,520
Assessed Improvement Value$160,832
Assessment Year2025

About this property

Welcome to 17555 Methil Dr, an opportunity to own a home in a desirable Spring location at a price well below market value! This home offers a spacious, functional floor plan with inviting living areas, a bright kitchen, and generously sized bedrooms. The open layout provides a wonderful flow for relaxing and entertaining, while the backyard offers room for outdoor gatherings and recreation. Conveniently located near shopping, dining, parks, schools, and major roadways, this property provides easy access to The Woodlands, FM 2920, and surrounding areas. Priced significantly below market value, this property presents an incredible opportunity for buyers looking to build equity, personalize a home to their taste, or invest in a property with excellent potential. Whether you're searching for your next home or an investment opportunity, this property offers outstanding value in a convenient location. Don't miss this exceptional opportunity! Property is being sold as-is.

Investor Tools

$39,249Estimated Mortgage Balance
$196,751Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$225,332
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

Interested in this property?

Natalie Johnson

GregTXRealty - The Woodlands

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$106/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$97
$221,352
2025
$60,520
$160,832
$221,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$97
$221,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homecomings Financial Network Inc
Credit Line (Revolving) / Heloc
$76,000
No
First
N/A
Aug 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,249
$196,751
83%
17%
$576/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$876/mo
+$1,124/mo
10.2%

City: Spring