3211 Wellspring Lake DrWeston LakesTX77441
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Weston Lakes at 3211 Wellspring Lake Dr, Weston Lakes, TX, 77441 priced at $975,000 converts $7,100/mo rent into $50/mo cash flow after a $4,772/mo obligation. Total monthly income equals $7,100/mo, and annual cash flow totals $601/yr on $320,775 invested. Return on cash invested prints 20.25% in year one, and rental yield reads 8.74% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 106.01% and total cumulative return in cash sums $340,047. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,100/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 2005
1.77 Acres lot
$N/A/sqft
$1,400 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77441, Fulshear, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 11,017 (84.0%) |
| Renter Occupied HU | 1,238 ( 9.4%) |
| Vacant Housing Units | 853 ( 6.5%) |
| Median Home Value | $590,317 |
| Average Home Value | $618,723 |
Housing Distribution
Address Breakdown
Residential
11,368
Single Family
10,639
Multi-Family
729
Businesses
493
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-30 | Price change | $975,000 |
| 2025-05-01 | Price change | $995,000 |
| 2025-02-10 | Price change | $1,025,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-30 | $6172.12 | 4.57% | $895,110 | 10.00% |
| 2023-07-30 | $5902.46 | -33.92% | $813,736 | 10.00% |
| 2022-07-30 | $8932.32 | 3.25% | $739,760 | 10.00% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2005
- Architectural Style: Traditional
- Building Area: 3,977
- Living Area: 3,977 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas
- Cooling: Ceiling Fan(s), Electric
- Flooring: Carpet, Tile, Vinyl
- Interior Features: Central Vacuum, Crown Molding, Formal Entry/Foyer, Wired for Sound, All Bedrooms Down, Primary Bed - 1st Floor, Split Plan, Walk-In Closet(s)
- Exterior Features: Outdoor Kitchen, Sprinkler System
- Parking Features: Attached, Additional Parking, Garage Door Opener, Extra Driveway, Porte-Cochere, Workshop in Garage
Location
- City: Weston Lakes
- State: TX
- Subdivision: Weston Lakes
- Lot Size: 1.77 Acres
- Lot Features: Greenbelt, Near Golf Course, Waterfront, Wooded, 1 Up to 2 Acres
- View: River, Water
HOA & Fees
- HOA Fee: $1,400 annually
- Association Fee: $1,400 annually
- Fees & Dues: N/A
- Association Amenities: Basketball Court, Clubhouse, Controlled Access, Fitness Center, Golf Course, Paid Patrol, Park, Picnic Area, Playground, Pool, Security, Tennis Court(s)
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Other
- Water Source: Other, Well
- Road Surface Type: N/A
School Information
- Elementary School: Morgan Elementary School
- Middle School: Leaman Junior High School
- High School: Fulshear High School
Listed by: Karen Davis • KLD Premier Realty
Mls Name: HAR
Mls Provider:
Mls ID: #57919236
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.