16221 Mustang, Springville, CA 93265, Springville, 93265 - 3 bed, 2 bath
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16221 Mustang
Springville, CA 93265
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,844Sq Ft
53,579Lot Size
Property Price
LIST PRICE$425,000
SUMMARY
Analysis of 16221 Mustang, Springville, CA 93265 is currently available with a list price of $425,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Springville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1971, the property is over 50 years old but has been maintained and remains fully livable. The kitchen features dated oak cabinetry, tile countertops, and older appliances from a previous renovation (approx. 20-30 years old). The home is functional but requires cosmetic updates and modernization throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Lot Size
The property features a massive 53,579 sqft lot, providing over 1.2 acres of land which offers exceptional privacy and ample space for outdoor recreation or potential additions.
- Spacious Interior Footprint
At 1,844 square feet, the home offers a generous living area for a three-bedroom configuration, providing a more comfortable and open layout than many older homes in the region.
- No Monthly HOA Dues
Despite the condominium classification, the property carries a $0 association fee, significantly reducing monthly carrying costs and increasing the buyer's purchasing power.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1971, the property is over 50 years old and likely requires updates to major systems such as roofing, plumbing, or electrical to meet modern efficiency and safety standards.
- Financing Complexity
The classification as a condominium on such a large lot may create hurdles for standard residential financing, potentially limiting the pool of eligible lenders or requiring specific appraisals.
About 16221 Mustang
Exceptional opportunity in Springville. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 53,579 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Sep 22, 2026
$425,000
Initial Listing
Sold
Apr 30, 2002
$146,000
Public Record
Sold
Feb 10, 2000
$135,500
Public Record