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$249,000

3122 Candle Pond Ln, Spring, TX, 77388

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,117 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.62 / sqft
Year BuiltBuilt in 2001

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
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Lot Size6,368 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1222860010021
Lot Number21
SubdivisionCandlelight Park Estates
Land UseResidential
Legal DescriptionLT 21 BLK 1 CANDLELIGHT PARK ESTATES SEC 3
Census Tract553404
Assessed Land Value$44,945
Assessed Improvement Value$241,985
Assessment Year2025

About this property

Welcome to this well-maintained 3-bedroom, 2-bath home in gated Candlelight Park Estates! Beautiful landscaping creates wonderful curb appeal. Inside, engineered hardwood floors and plantation shutters throughout the home add timeless appeal. The living room features built-in shelving and a gas fireplace and opens to the dining room, accented by a brass chandelier and classic wallpaper. The kitchen offers granite countertops and an impressive oversized window above the sink. French doors lead from the living room to a study with built-in desk and shelving. The primary bedroom features hardwood floors and an ensuite bath with dual sinks, ample storage, an oversized tub, separate shower, and two walk-in closets. Secondary bedrooms include carpet, ceiling fans, and plantation shutters. The fully fenced backyard offers a covered patio and lush plants. Garage includes stairs leading to decked attic storage space. This inviting home combines classic charm and thoughtful features!

Investor Tools

$22,705Estimated Mortgage Balance
$277,295Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Jack Moseley

RE/MAX Partners

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
$1,040/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$289
$286,930
2025
$44,945
$241,985
$286,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$289
$286,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compufund Mortgage Company Ltd
Unknown
$49,500
No
First
Jun 26, 2006
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,705
$277,295
92%
8%
$297/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$1,337/mo
+$1,123/mo
9.8%

City: Spring