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$359,923

NAL Estimated Property Value

311 Sparway Ct, Crosby, TX, 77532

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,724 Sq Ft
price_per_sqft$133.99 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringVinyl

Exterior

Lot Size28,902 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1058420000002
Lot Number1-3
SubdivisionNewport
Land UseResidential
Legal DescriptionLTS 1 2 & 3 BLK 6 NEWPORT SEC 5
Census Tract251904
Assessed Land Value$156,310
Assessed Improvement Value$203,613
Assessment Year2025

About this property

Rare find in Newport!! This cornerstone property sits on its own block with no immediate neighbors, offering unmatched privacy and presence. Fully updated with a brand new roof, new water heater, and a foundation backed by a transferable warranty. Inside, cathedral ceilings flood the home with natural light, highlighting the brand new luxury vinyl plank flooring, custom cabinets, quartz countertops, and GE appliances. The layout offers 5–6 bedrooms and 3 full baths, perfect for large families or multi-generational living. A new survey is in place, and the property spans 3 full lots with practically its own road access. Move-in ready with every major upgrade complete — homes like this don’t last long. Schedule your showing today before it’s gone.

Investor Tools

Property Icon
$359,923
Estimated Property Value
$270,713Estimated Mortgage Balance
$89,210Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
$65/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,820
$359,923
2025
$156,310
$203,613
$359,923
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,820
$359,923

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Unknown
$272,690
No
First
Dec 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,713
$89,210
24%
75%
$1,635/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,700/mo
+$526/mo
7.4%

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: Crosby

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311 Sparway Ct | Property Details | No Agent List