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$275,371

250 W Spreading Oak Dr, Houston, TX, 77076

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,611 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.15 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,749 sqft

Building Information

Year Built1954
Stories1
Garage Spaces1

Land Information

APN0791590060130
Lot Number130
SubdivisionGlen Oaks
Land UseResidential
Legal DescriptionLT 130 BLK 6 GLEN OAKS
Census Tract221501
Assessed Land Value$42,150
Assessed Improvement Value$233,221
Assessment Year2025

About this property

Remodeled four bedroom brick home in great condition and ready to move in. Two full remodeled baths. Updates include; new two tone paint in-out, tile floors, carpet, crown molding, fixtures, etc. Remodeled kitchen with white cabinets, granite counter-tops, back-splash tile, new stainless steel appliances and new fixtures. Spacious family room with new tile floors. Formal dining room. Large laundry room. New roof. Good size bedrooms with new ceiling fans. Spacious corner lot. Covered patio. Did not flood during Harvey and not in a flood zone.

Investor Tools

Property Icon
$275,371
Estimated Property Value
$213,000Estimated Mortgage Balance
$76,534Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,652 /month
Positive
Cash Flow Estimate:
$551 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,198
$275,371
2025
$42,150
$233,221
$275,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,198
$275,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roger Salazar
Purchase Money Mortgage
$213,000
No
First
Oct 14, 2022
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,837
$76,534
27%
72%
$1,278/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,278/mo
+$948/mo
9.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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250 W Spreading Oak Dr | Property Details | No Agent List