262 400, Springville, UT 84663
3BD/—BA Residential in Springville, UT 84663. 1,138 sqft. Built 1909. Listed at $375,000. MLS #2168388.
3BD/—BA Residential in Springville, UT 84663. 1,138 sqft. Built 1909. Listed at $375,000. MLS #2168388.
Opportunity awaits on this spacious .38-acre lot! Whether you're an investor looking for your next project or a homeowner ready to roll up your sleeves, this property offers incredible potential to build equity and create something special. The existing home is ready for updates and personal touches, making it the perfect canvas for your vision. With a generous lot size, there's plenty of room to expand the home, add outdoor living space, build a workshop, create the garden you've always wanted, or simply enjoy the extra elbow room. The property also includes a storage shed and offers abundant parking for RVs, trailers, boats, and all your recreational toys. Mature shade trees provide character and a peaceful setting that's difficult to find. If you've been searching for a property with room to grow, room to park, and endless possibilities, this is one you won't want to miss. Bring your vision and unlock the potential! **Home is being Sold As-Is. May not qualify for FHA. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement. Lot Lines are also an estimate, Buyer to verify.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
1
County
Utah
Zoning
Single-Family
Construction
Asphalt,Stucco
Lot Size
0.38 sq ft
Above Grade Area
1,138 sq ft
Condition
Blt./Standing
MLS #
2168388
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
1
County
Utah
Zoning
Single-Family
Construction
Asphalt,Stucco
Lot Size
0.38 sq ft
Above Grade Area
1,138 sq ft
Condition
Blt./Standing
MLS #
2168388
List Price
$375,000
Annual Taxes
$2,800
Home Warranty
No
List Price
$375,000
Annual Taxes
$2,800
Home Warranty
No
Heating
Forced Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Partial
Materials
Asphalt,Stucco
Appliances
Dryer,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Partial
Materials
Asphalt,Stucco
Appliances
Dryer,Washer
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
6
Covered Spaces
0
Total Parking
6
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
95/100
vs Similar Homes
22% below
vs Market Median
5% below
Area Growth (YoY)
4.6%
Deal Score Breakdown
95/100 · 1 qualifying signal
Priced 22% below the median of similar listings
Priced 5% below the per-subtype city median
4.6% year-over-year ZHVI growth in this area
LT net cashflow -$1,360/mo (-52.0% return on ownership cost) · STR net cashflow -$1,504/mo (-57.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,427/mo
Range: $869 – $1,985
Net Monthly Cash Flow
−$1,360 /mo (−$16,317/yr)
Monthly rental income
Monthly ownership cost
Coverage
55%
Net /mo
−$1,360
DSCR
0.67
Est. Annual Revenue
$19,063/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,504 /mo (−$18,050/yr)
Monthly STR income
Monthly ownership cost
Coverage
61%
Net /mo
−$1,504
DSCR
0.59
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$432,000
-13% vs median
42 days
108
$199,500 – $38,000,000
$2,800
Low Crime
7.7
per 1,000
16.1
per 1,000
7.5
per 1,000
31.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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