$450,000
↓ $30K (6.3%)
●
House -
Off Market
803 Lazy Springs Lane
Spring, TX 77373
5 Beds
3 Baths,
1
Half Bath
3,425 Ft²
$3,266
Est. Monthly
$75
HOA / Fees
4.86%
Cap Rate
About This Property
This executive-level 5-bedroom, 3.5-bath home offers a versatile
layout ideal for multi-generational living. The primary suite is
located on the main floor, while upstairs features a smart split
floorplan-two bedrooms and a full bath on each side, separated by a
spacious game room.
The expansive backyard is one of the largest in the subdivision-perfect for your dream pool and spa. A full sprinkler system is included.
The 3-car garage is a standout feature with a 10-foot bump-out, a fully floored Texas basement with walk-up stairs, and a dedicated workshop area equipped with electrical outlets every 6 feet.
Located in the desirable gated community of Spring Lakes, this home has never flooded. Room sizes are approximate; buyers should verify.
The expansive backyard is one of the largest in the subdivision-perfect for your dream pool and spa. A full sprinkler system is included.
The 3-car garage is a standout feature with a 10-foot bump-out, a fully floored Texas basement with walk-up stairs, and a dedicated workshop area equipped with electrical outlets every 6 feet.
Located in the desirable gated community of Spring Lakes, this home has never flooded. Room sizes are approximate; buyers should verify.
Unit Size
3,425 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$131
Property Type
House
Property Taxes
$981
HOA Dues
$75
Year Built
2007
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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 #92879769)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Price Decreased |
$450,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Jun 15, 2025 | Listed by Views Of Texas Realty | $480,000 | |
| Listed by Views Of Texas Realty | |||
| Apr 18, 2022 | Sold | ||
| Sold | |||
| Mar 8, 2022 | Listed by Corporate Housing Assoc., LLC | $450,000 | |
| Listed by Corporate Housing Assoc., LLC | |||
| | |||
|
Stunning PERRY HOME with 5 bedrooms, 3 1/2 baths; Primary down and 4 bedrooms upstairs with a split floorplan. Two bedrooms and a bath on each side with a Game Room in between!! This is a perfect floorplan for Multi Generational living.
This HUGE backyard is one of the LARGEST in the Subdivision. This one is ready for your dream pool and spa! Sprinkler system included
The Garage has a completely floored Texas Basement with walk up staircase. The three car Garage has a 10 foot bump out with a section wired with electrical outlets every 6 feet for you to put in the Workshop you have always wanted.
The WHOLE HOUSE GENERATOR had a yearly maintenance check up in February 2022. You will never be without electricity!
Room sizes approximate and should be verified by Buyer.
This Executive Level home is in the Gated community of Spring Lakes and has NEVER FLOODED! You won't want to miss this one!
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Spring
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Listed by: Lynda Carouthers-Ford, Views Of Texas Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 92879769
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Last Updated: 5 months ago
Data Source: HAR , MLS# 92879769
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