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$440,000

NAL Estimated Property Value

2514 Spruce Pine Dr, Houston, TX, 77345

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,868 Sq Ft
price_per_sqft$122 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Slate, Tile

Exterior

Private PoolPrivate Pool
Lot Size12,240 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1145140040026
Lot Number26
SubdivisionFosters Mill Village
Land UseResidential
Legal DescriptionLT 26 BLK 4 FOSTERS MILL VILLAGE SEC 1
Census Tract250901
Assessed Land Value$109,440
Assessed Improvement Value$315,622
Assessment Year2025

About this property

Beautifully updated custom home located on private culdesac in Fosters Mill. Never Flooded. Wood tile flows through entry and formal dining. Large family room with builtins and gas log fireplace. Light and bright kitchen with granite counters , double oven and plenty of cabinet space. Fresh interior paint. Primary bedroom down with updated primary bath -full glass shower, separate tub and granite counters. Study over looks the backyard. Second floor feature a large gameroom with closet ( could be 5th bedroom), three large secondary bedrooms and two full baths that have been completely updated with granite , tile flooring , and updated tub surround. Beautiful backyard with huge covered patio and Pool/spa with lush landscaping. Pool fenced in and separate yard for children or pets. Two car oversized detached garage. Fresh exterior paint. This home wont last.

Investor Tools

Property Icon
$440,000
Estimated Property Value
$223,995Estimated Mortgage Balance
$216,005Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
$615/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,078
$425,062
2025
$109,440
$315,622
$425,062
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,078
$425,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$250,600
No
First
Nov 6, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,995
$225,005
50%
51%
$1,503/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$2,118/mo
+$1,012/mo
8.5%

City: Houston

2514 Spruce Pine Dr | Property Details | No Agent List