23402 Lestergate Dr, Spring, TX 77373

3 bd · 2 ba · 1,729 sqft · built 1975 · Spring · SINGLE_FAMILY·source listing ↗

$179,500

rent, three ways

OnePercent model (vv1)$1,994/mo

p10–p90 confidence band

HUD Fair Market Rent · 77373 · 3BR$2,620/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Harris

Flood risk indexRelatively Moderate FEMA NRI

Median household income$88,617

Median area rent$1,706/mo

Median home value$231,400

the verdict

1.11%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$179,500

1.11% · rent $1,994

Intrinsic value · income approach

$244,853

27% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.