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Owner Contacts

$340,000

323 Spruce Lake Rd, Houston, TX, 77336

Pending

4 Beds

2 Bath

2,074 Sq Ft

Single Family Residence

$163.93 / sqft

Built in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesMicrowave, Gas Range, Dishwasher

FlooringVinyl

Exterior

Lot Size7,749 sqft

Building Information

Year Built1963

Garage Spaces3

Land Information

APN0912380000045

Lot Number45

SubdivisionLakeside Manor

Land UseResidential

Legal DescriptionLT 45 BLK 6 LAKESIDE MANOR SEC 3

Census Tract251702

Assessed Land Value$43,943

Assessed Improvement Value$115,867

Assessment Year2025

About this property

Don’t miss the opportunity to own this beautifully renovated home sitting on an oversized 22,833 sq ft lot in a quiet neighborhood with no HOA! This spacious property has been fully updated with major improvements throughout, including new 30-year shingles, foundation repair with transferable warranty, new driveway, updated PEX plumbing, electrical, garage doors, windows, flooring, kitchen cabinets, paint, fixtures, and much more. Enjoy the perfect blend of modern upgrades and peaceful living while being just minutes from the lake — ideal for weekend fishing and outdoor family fun. Located outside of the flood zone for added peace of mind. With its generous lot size, fresh renovations, and move-in-ready condition, this home truly has it all!

Investor Tools

$276,000

Estimated Property Value

$0Estimated Mortgage Balance

$276,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,040 /month

Positive

Cash Flow Estimate:

$680 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$261/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,751

$159,810

2025

$43,943

$115,867

$159,810

Tax History

Year

Tax Paid

Assessed Value

2024

$1,751

$159,810

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$276,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

7.5%

Learn About the Market: Opportunity in Houston

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