$320,000 Last Listed Price
●
House -
Off Market
2454 Colonial Springs Lane
Spring, TX 77386
3 Beds
2 Baths
1,795 Ft²
$2,132
Est. Monthly
$67
HOA / Fees
About This Property
Charming, well maintained home in the heart of the established
neighborhood of Spring Trails! As you enter, you will enjoy the
open floor plan, soaring ceilings, natural light, and multiple
entertaining spaces. Featuring 3 bedrooms, 2 bathrooms, 2 living
spaces, breakfast nook, and formal dining. Fresh paint throughout
the interior and exterior, Brand New Roof, white kitchen cabinets,
and new quartz countertops are just a few of the upgrades you will
appreciate. No carpet! Situated on a cul-de-sac lot with no rear
neighbors and a generous sized backyard with Sprinkler System. A/C
and Water heater have been replaced. Located in walking distance to
all neighborhood amenities including multiple parks, pickleball,
basketball, tennis, olympic size swimming pool, and community
center with lifestyle director. Broadway Elementary is in the
neighborhood and easy access to Spring Creek Nature preserve with
miles of trails and sandy beaches. Close to shopping, restaurants,
and major highways.
Unit Size
1,795 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$178
Property Type
House
Property Taxes
$493
HOA Dues
$67
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #9894979)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by CB&A, Realtors | $320,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Charming, well maintained home in the heart of the established neighborhood of Spring Trails! As you enter, you will enjoy the open floor plan, soaring ceilings, natural light, and multiple entertaining spaces. Featuring 3 bedrooms, 2 bathrooms, 2 living spaces, breakfast nook, and formal dining. Fresh paint throughout the interior and exterior, Brand New Roof, white kitchen cabinets, and new quartz countertops are just a few of the upgrades you will appreciate. No carpet! Situated on a cul-de-sac lot with no rear neighbors and a generous sized backyard with Sprinkler System. A/C and Water heater have been replaced. Located in walking distance to all neighborhood amenities including multiple parks, pickleball, basketball, tennis, olympic size swimming pool, and community center with lifestyle director. Broadway Elementary is in the neighborhood and easy access to Spring Creek Nature preserve with miles of trails and sandy beaches. Close to shopping, restaurants, and major highways.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Spring Trails
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Listed by: Rachel Lambright, CB&A, Realtors
Last Updated: 5 months ago
Data Source: HAR , MLS# 9894979
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Last Updated: 5 months ago
Data Source: HAR , MLS# 9894979
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