$249,000
2038 Lexington Woods Dr, Spring, TX, 77373
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size7,701 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN1120130000365
Lot Number365
SubdivisionLexington Woods North
Land UseResidential
Legal DescriptionLT 365 BLK 13 LEXINGTON WOODS NORTH SEC 1
Census Tract241400
Assessed Land Value$45,360
Assessed Improvement Value$172,982
Assessment Year2025
About this property
Beautifully renovated home in Spring! This move-in-ready property features extensive upgrades inside and out, including brand-new tile flooring, fresh interior and exterior paint, modern light fixtures, new appliances, updated countertops, and brand-new cabinets. Enjoy a fresh, modern look throughout with stylish finishes and thoughtful upgrades. A must-see home! Never flooded before.
Investor Tools
$40,572Estimated Mortgage Balance
$198,428Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
$500/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$122
$218,342
2025
$45,360
$172,982
$218,342
No
Tax History
Year
Tax Paid
Assessed Value
2024
$122
$218,342
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$66,441
No
First
Sep 7, 2010
Sep 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$40,572
$198,428
83%
17%
$399/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$899/mo
+$1,051/mo
9.8%
