$180,000
23830 English Oak Dr, Spring, TX, 77373
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Cooktop
FlooringTile, Vinyl Plank
Exterior
Lot Size9,087 sqft
Building Information
Year Built1977
Stories1
Garage Spaces2
Land Information
APN1096200000004
Lot Number4
SubdivisionNorth Spring
Land UseResidential
Legal DescriptionLT 4 BLK 9 NORTH SPRING SEC 4
Census Tract241101
Assessed Land Value$54,813
Assessed Improvement Value$164,691
Assessment Year2025
About this property
Opportunity in North Spring! This property offers a chance for a buyer to bring their own vision and updates to an established home in Spring. With a functional existing footprint and plenty of potential for renovation and improvement, the home may appeal to buyers looking for a property they can personalize or investors evaluating their next project. Offered at a price that reflects its current condition and opportunity for improvement. Convenient access to major area roadways, shopping, dining and everyday services.
Investor Tools
$44,790Estimated Mortgage Balance
$174,714Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,317 /month
Positive
Cash Flow Estimate:
$439 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
$18/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,875
$219,504
2025
$54,813
$164,691
$219,504
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,875
$219,504
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sherman Bridge Lending
Conventional
$67,500
No
First
May 21, 2012
Jun 2042
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,790
$174,714
79%
20%
$405/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$423/mo
+$1,527/mo
10.7%
