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Owner Contacts

$404,000

NAL Estimated Property Value

1514 Spillers Ln, Houston, TX, 77043

Off Market

3 Beds

2 Bath

1,826 Sq Ft

Single Family Residence

$227.27 / sqft

Built in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile

Exterior

Lot Size9,692 sqft

Building Information

Year Built1965

Stories1

Garage Spaces2

Land Information

APN0960080000007

Lot Number7

SubdivisionSpring Lea

Land UseResidential

Legal DescriptionLT 7 & RES A2 BLK 7 SPRING LEA SEC 1

Census Tract522402

Assessed Land Value$228,015

Assessed Improvement Value$171,985

Assessment Year2025

About this property

So stylish in Spring Branch! This fabulous remodeled/updated 3/2/2 Homew/over $102K in updates will be a place you will be proud to call home! All new exterior paint (06/2024), interior paint (07/2022), updated roof (2016) & carpet (09/2019), updated tile flooring (2018), gorgeous updated Chef's Kitchen (2018); granite, custom cabinetry, SS appliances, comes w/Refr, W/D! Remodeled Family Room w/Stacked Stone Fireplace, Surround Sound & built-ins, bathrooms w/custom cabinetry, tub/shower & primary bath w/custom cabinetry, frameless walk-in-shower, double vanities, granite counters, undermount sinks & custom tile work in both baths, (2018)! Pex Plumbing! 3 great sized Bedrooms w/custom paint, crown molding, ceiling fans+lights, +1 w/a built-in desk! Huge backyard w/trees & oversized concrete patio w/ plenty of space for outdoor fun+sprinkler system! Home has never flooded per Sellers! Such a prime location close to I-10 & BW8, Memorial City Mall, City Centre, shops, restaurants & more!

Investor Tools

$404,000

Estimated Property Value

$309,989Estimated Mortgage Balance

$94,011Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,490 /month

Positive

Cash Flow Estimate:

$830 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$449/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,365

$400,000

2025

$228,015

$171,985

$400,000

Tax History

Year

Tax Paid

Assessed Value

2024

$3,365

$400,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$320,000

First

Aug 20, 2024

Sep 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$309,989

$101,011

24%

77%

$1,919/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,770/mo

$1,919/mo

$-149/mo

5.3%

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