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$960,000

1353 Spring Creek Rd, Collinsville, TX, 76233

SoldInfo
6/1/26
Beds5 Beds
Baths5 Bath
Baths4,175 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.31 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringConcrete, Wood, Vinyl

Exterior

Exterior FeaturesBalcony, Fire Pit, Lighting, Private Entrance, Private Yard, RV Hookup, Storage
Lot Size13.60 acres

Building Information

Year Built2005
Garage Spaces3

Land Information

APN213 098906706
SubdivisionQuillen Charles A-G0989
Land UseResidential
Legal DescriptionG-0989 QUILLEN CHARLES A-G0989, ACRES 13.6
Census Tract001902
Assessed Land Value$27,764
Assessed Improvement Value$442,264
Assessment Year2025

About this property

Amazing Multi Home, Horse and Livestock Ranch Available NOW for Sale in Collinsville, Tx! The MAIN HOME is a 2,477 Square Foot Custom Log Home with New Metal Roof, 3 Bedroom, 2.5 Bath with Master Bedroom Down. The GUEST Home is a 1,698 Square Foot Custom Log Home with New Metal Roof, 2 Bedroom, 2 Full Bath Single Story Home. Land Features 65 % Pasture 35 % Wooded with Mature Pecan, Oak and Cedar Trees + Wet Weather Creek Creates a Western Border of the Property. This Tranquil Property Comes Fully Equipped with Horse Friendly Sandy Loam and Amazing Facilities Set and Ready for You to Saddle Up and Enjoy Riding on Your Ranch! Includes a Rustic FIVE Stall Horse Barn with Electric & Water + Large Tack Room, Lighted 250'x80' Roping Arena with Two Additional Small Stables, Catch Pen, Connecting Pens, Loafing Sheds and MUCH MORE! Adding to the Efficiency, the Entire Property is Cross Fenced with a Large Enclosed Pasture Connected to Main Barn and Mare Shed in Secondary Pasture Along West Side of Property. WATER WELL ON PROPERTY. Other Features Include Outbuildings, Chicken Coup, Sheds, TWO RV Hookups, All New Arena Lights & Quarter Mile Private Gravel Road with GATED ENTRANCE. Main Home and Guest Home are on Separate Electric Meters and Separate Water Meters, Making it Ideal for Rental Possibilities and Keeping Utilities Separated. Property Ideal for Rental with Horse Facility, Recently Netting Almost 6k Per Month for Both Properties. So Much Opportunity Here! Secondary Smaller Guest Home is Currently Occupied and Rented Out on Month to Month and Generating Income.

Investor Tools

Property Icon
$960,000
Estimated Property Value
$616,000Estimated Mortgage Balance
$381,909Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,819 /month
Positive
Cash Flow Estimate:
$1,940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,039/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,665
$470,028
2025
$27,764
$442,264
$777,072
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,665
$470,028

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Commercial
$616,000
No
First
Jan 24, 2023
Feb 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$578,091
$381,909
39%
60%
$3,694/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Collinsville

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