7115 Edwanna Ln, Spring, TX 77389
Analyzed
Call Notes
Seller
NameCarl Smith
Phone(832) 447-0069
Emailpastorc42@gmail.com
Timelineasap
Reason for sellingother
Legal owner statusyes-owner
Property
Typesingle-family
Conditionfair
CountyHarris
Valuation
ARV$351,000
Equity-$240,896 (0.0%)
Mortgage balance (est.)$591,896 (4.3% of original loan paid off)
Monthly mortgage payment$1,475
Monthly HOA$385
Original loan amount$618,289
Involuntary liensNone found
Owner of recordLAWSON BRITTANY P, SMITH CARL RAY
Owner match✓ Matches lead
Mortgage balance is PropStream's amortization estimate from the original loan's recorded terms — not a live servicer balance. It won't reflect a refinance, cash-out, or ARM rate reset since origination; verify with the seller directly when it matters.
Maximum Allowable Offer (% of ARV)
70%$245,700
60%$210,600
50%$175,500
Pitch the Offer
ARV$
Market discount%−$52,650
Realtor fee%−$21,060
Closing costs%−$14,040
Rehab reserve$
Interest rate%−$20,154 / 6momanually entered rate
Insurance (annual, % of ARV)%−$1,755 / 6mo
Annual property taxes$−$4,357 / 6mo
Net before mortgage payoff$229,964
Mortgage payoff$defaults to the seller-reported balance above, or PropStream's estimate if none is set
Net offer-$361,932
Every number above is editable — type over any default and Net Offer recalculates instantly; click Save pitch numbers to keep your edits for next time. The 6-mo carry cost charges interest only, not principal — the mortgage payoff already accounts for the principal, so charging 6 months of principal reduction on top of that would double-count it.