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$321,000

NAL Estimated Property Value

3807 Spruce Bay Dr, Houston, TX, 77345

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,260 Sq Ft
price_per_sqft$143.81 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,854 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN1174930010009
Lot Number9
SubdivisionMills Branch Village
Land UseResidential
Legal DescriptionLT 9 BLK 1 MILLS BRANCH VILLAGE SEC 5
Census Tract251401
Assessed Land Value$65,682
Assessed Improvement Value$244,967
Assessment Year2025

About this property

This beautifully maintained home blends timeless charm with thoughtful updates throughout. Freshly painted inside and out, it features a new roof, upgraded AC system with multi-zone efficiency, and high-end appliances, including a 5-door fridge and vented gas range with a wok burner. Bathrooms shine with Carrara marble and porcelain tile, dual rain-head walk-in showers, a two-person soaking tub, and custom solid hardwood vanities. The home is fully integrated with smart features inside and out including irrigation and boasts a 12'x30' patio wired for surround sound. Upstairs, rich hickory floors add warmth, while tile downstairs helps keep the home cool. Designed for easy living, the low-maintenance native garden blooms year after year.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$171,919Estimated Mortgage Balance
$149,081Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,127
$310,649
2025
$65,682
$244,967
$310,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,127
$310,649

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$175,000
No
First
May 22, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,919
$158,081
47%
54%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,600/mo
+$820/mo
9.0%

City: Houston

3807 Spruce Bay Dr | Property Details | No Agent List