$359,900
3310 La Mer Ln, Spring, TX, 77388
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile, Wood
Exterior
Lot Size5,380 sqft
Building Information
Year Built2000
Garage Spaces1
Land Information
APN1184710010018
Lot Number18
SubdivisionNormandy Forest
Land UseResidential
Legal DescriptionLT 18 BLK 1 NORMANDY FOREST SEC 1
Census Tract555001
Assessed Land Value$49,496
Assessed Improvement Value$263,218
Assessment Year2025
About this property
Step inside this newly updated 4 bedroom, 2 story home with a seamless floor plan and modern features. Fresh paint, updated kitchen, new carpet, and remodeled bathrooms create a move-in ready space. The kitchen boasts new cabinetry, soft close drawers, lighting, and quartz countertops. Enjoy the open layout connecting the kitchen to the living room, providing ample space for relaxation and entertainment. Carefully planned upgrades make this home a delightful place to create lasting memories.
Investor Tools
$57,440Estimated Mortgage Balance
$291,560Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$560/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,799
$312,714
2025
$49,496
$263,218
$312,714
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,799
$312,714
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$138,200
No
First
Apr 11, 2005
May 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,440
$291,560
83%
16%
$829/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$1,389/mo
+$1,791/mo
10.9%
