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$288,500

224 Spruce Avenue, Luling, TX, 78648

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.13 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size15,743 sqft

Building Information

Year Built2022
Stories1
Garage Spaces1

Land Information

APN0701705-000-200-00
Lot Number2
SubdivisionJ & S Subd, Unit 3
Land UseOther
Legal DescriptionJ & S SUBD, UNIT 3, LOT 2, ACRES .3614
Census Tract960701
Assessed Land Value$25,820
Assessed Improvement Value$225,330
Assessment Year2025

About this property

ZERO DOWN OPTIONS | NO HOA | OVERSIZED LOT | WORKSHOP / DETACHED GARAGE | LOW TAX RATE | NO CARPET | MODERN FINISHES | Ask about zero-down financing options available for qualified buyers! With a low tax rate and no HOA, this property offers the freedom and flexibility that’s hard to find. This charming craftsman-style home sits on a huge oversized lot with endless potential — whether you need extra parking for RVs, boats, or trailers, room to entertain, or space to expand, this property checks the boxes. The backyard features a large workshop/detached garage, plus gated access for secure parking and even more usable space at the front of the property. Inside, you’ll find an open-concept layout with modern finishes throughout, including sleek granite countertops, a spacious kitchen island, and no carpet anywhere in the home. The generously sized bedrooms offer comfortable living, while the primary suite features dual vanities for added convenience. Enjoy peaceful mornings and relaxing evenings on the covered front patio overlooking beautiful green space. Out back, the expansive yard is shaded by a mature tree and offers plenty of room to create your dream outdoor setup. Conveniently located with quick access to I-10 and Hwy 183, and just a short drive to Austin, San Marcos, Austin-Bergstrom Airport, Downtown Luling, and countless outdoor and water recreation spots.

Investor Tools

$147,752Estimated Mortgage Balance
$103,398Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,731 /month
Positive
Cash Flow Estimate:
$577 /month

Interested in this property?

Michelle Varela

Vistas Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,200
$251,150
2025
$25,820
$225,330
$251,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,200
$251,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$160,000
No
First
Apr 20, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,752
$103,398
41%
59%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$960/mo
+$671/mo
7.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Luling

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224 Spruce Avenue | Property Details | No Agent List