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$247,000

6815 Falling Waters Dr, Spring, TX, 77379

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.66 / sqft
Year BuiltBuilt in 1977

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
AppliancesMicrowave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,148 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1078520000004
Lot Number4
SubdivisionOakwood Glen
Land UseResidential
Legal DescriptionLT 4 BLK 9 017*O0118825-001-009-004 OAKWOOD GLEN SEC 1
Census Tract553804
Assessed Land Value$53,240
Assessed Improvement Value$187,122
Assessment Year2025

About this property

6815 Falling Waters Dr is a single-story Spring home with three bedrooms and two bathrooms. The main living room has a vaulted ceiling, an exposed ceiling beam and a fireplace, with sliding glass doors opening toward the backyard. A peninsula separates the kitchen from the dining area, and a window above the sink looks outside. An additional room has a wall of built-in shelving, while another living area provides further space beyond the main gathering room. A patio sits alongside the rear of the home. The layout also includes a laundry area with upper cabinets and an attached two-car garage. Included 100-Day Home Warranty with buyer activation

Investor Tools

$241,000Estimated Mortgage Balance
$13,000Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

Interested in this property?

Amber Broadway

Opendoor Brokerage, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$553/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,183
$240,362
2025
$53,240
$187,122
$240,362
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,183
$240,362

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First California Mortgage Co
Fha
$149,732
Yes
First
Jun 14, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,000
$13,000
5%
95%
$1,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
$2,349/mo
+$21/mo
11.2%

City: Spring

6815 Falling Waters Dr | Property Details | No Agent List