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$229,999

814 Slate Valley Ln, Spring, TX, 77373

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,743 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.96 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Freestanding Oven, Gas Oven, Free-Standing Range, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,545 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1235720010015
Lot Number15
SubdivisionNorthwood Pines
Land UseResidential
Legal DescriptionLT 15 BLK 1 NORTHWOOD PINES SEC 6
Census Tract241400
Assessed Land Value$40,287
Assessed Improvement Value$235,057
Assessment Year2025

About this property

LAKEFRONT HOME IN WOODLANDS / SPRING AREA - GREAT BONES / GREAT INVESTMENT OPPORTUNITY WITH IMMEDIATE EQUITY- PRE-FORECLOSURE SALE IN NEED OF BASIC UPKEEP TO REACH FULL POTENTIAL - PERFECT FOR RENTAL PORTFOLIO OR STARTER HOME- NO BACK NEIGHBORS - 3 LARGE BEDROOM - HUGE KITCHEN / BRAKFAST COMBO- INVESTORS / DIY BUYERS / BARGAIN HUNTERS WELCOME- PERFECT LOCATION 5 MINUTES FROM THE WOODLANDS MALL - RIGHT OFF 99 & HARDY TOLL ROAD - COME SEE ME TODAY TO FULLY APPRECIATE MY POTENTIAL !!!

Investor Tools

$189,175Estimated Mortgage Balance
$86,169Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,652 /month
Positive
Cash Flow Estimate:
$551 /month

Interested in this property?

Dwight Vincent

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,851
$275,344
2025
$40,287
$235,057
$275,344
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,851
$275,344

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$166,469
Yes
First
Jan 19, 2018
Feb 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,175
$86,169
31%
69%
$1,345/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,920/mo
+$30/mo
8.5%

City: Spring