---
title: "22419 Sawmill Ranch Dr, Spring, TX 77389: DSCR and rental numbers | DSCR Labs"
description: "Spring rental numbers: rent about $2,960 a month, DSCR 0.72 at 25% down, taxes 2.67% a year. A free Greater Houston DSCR report, updated Oct 9, 2026."
url: https://calculator.dscrlabs.com/tx/spring/22419-sawmill-ranch-dr-77389/px2nq6sg
---

# 22419 Sawmill Ranch Dr, Spring, TX 77389

For sale at $459,900. 4 bedrooms, 4 bathrooms, 3,308 sq ft, built 2015. Updated Oct 9, 2026.

## Summary

At the starting numbers, this home is not a good fit for a DSCR loan. A typical DSCR lender wouldn’t make this loan and you’d put in a lot of money each month. The rent covers the monthly payment 0.72 times (DSCR 0.72), and you would put in $1,642 a month after vacancy and reserves.

For the rent to cover the payment 1.2 times, the price would need to be about $194,000, 58% under the asking price. That would be close to impossible to get. A rent of about $4,911 a month would cover the payment 1.2 times, above the likely range of $2,490 to $3,420. The home is in a municipal utility district (MUD): ENCANTO REAL UD adds 0.74% to the tax rate, and the county labels it a developing district whose rate can change. Before making an offer, ask a local leasing agent what homes like this one have actually leased for.

## The numbers at the default assumptions

With 25% down and the estimated rate. Try your own numbers on the page.

| | |
| --- | ---: |
| Price | $459,900 (the asking price) |
| Down payment | 25% ($114,975) |
| Interest rate (estimate) | 7.92% |
| Monthly payment (PITIA) | $4,093 |
| Principal and interest | $2,511 |
| Property taxes | $1,024 |
| Insurance | $475 |
| HOA dues | $83 |
| Rent (estimate) | $2,960 (likely $2,490 to $3,420, from 15 rentals) |
| DSCR | 0.72 (the rent covers the payment 0.72 times) |
| Monthly cash flow | −$1,642 |
| Cash to close | $128,772 |
| Cash-on-cash return | −15.3% |

## Taxes

Combined tax rate 2.67% a year (2026 rates), including a MUD. It uses no homestead exemption, because that ends when a home sells.

## Flood and insurance

FEMA flood zone X. Insurance estimate: $4,274 to $7,124 a year.

## Before you rely on these numbers

- Every number here is an estimate. Before you make an offer, get a lender’s quote, an insurance quote, and a recent lease nearby to check the rent.
- Property taxes reset after a purchase. The seller’s exemptions and caps don’t transfer, and the taxable value moves toward your price.
- Get a real landlord insurance quote. Prices vary a lot by ZIP code, roof age and flood zone.
- Check the rent against a recent lease nearby. Lenders use the lower of your signed lease and the appraiser’s rent estimate.
- Texas doesn’t make sale prices public, so every home value estimate here is rough. Ask an agent for recent sales nearby before you make an offer.

## Sources

U.S. Census Bureau, county tax records, FEMA’s flood map, the Texas Department of Insurance and RentCast. See how we make these reports: https://calculator.dscrlabs.com/methodology.md

Try your own price, down payment and rent on the report page: https://calculator.dscrlabs.com/tx/spring/22419-sawmill-ranch-dr-77389/px2nq6sg

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[Greater Houston DSCR Calculator](https://calculator.dscrlabs.com/) by [DSCR Labs](https://dscrlabs.com/). This is an estimate, not a loan approval.