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$219,900

400 Spurlock Dr, Krum, TX, 76249

$226,644 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.03 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size8,037 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR260116
Lot Number9
SubdivisionSaddlebrook Estates Ph 2 (Krum Isd)
Land UseResidential
Legal DescriptionSADDLEBROOK ESTATES PH 2 (KRUM ISD) BLK I LOT 9
Census Tract020405
Assessed Land Value$72,333
Assessed Improvement Value$268,968
Assessment Year2025

About this property

Immaculate and move in ready with a light and open floor plan. Beautiful laminate wood floors downstairs, brick corner fireplace, granite counters, stacked stone back splash, huge island, 2 inch blinds & built ins are just a few of the many upgrades in this house. New HVAC & garage door opener both with wifi access. A game room & 2nd living area upstairs just add to the versatile floor plan. Wait until you see the size of the back yard and the huge wood deck & covered patio. Don't forget about the 7x8 walk in pantry and large laundry room. Walk a few steps down the street to the school and park with pavilion and play ground

Investor Tools

Property Icon
$341,301
Estimated Property Value
$217,500Estimated Mortgage Balance
$139,717Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$226,644
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,048 /month
Positive
Cash Flow Estimate:
$683 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,091
$341,301
2025
$72,333
$268,968
$341,301
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,091
$341,301

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$217,500
No
First
Jun 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,584
$139,717
40%
59%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,505/mo
+$615/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Krum

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400 Spurlock Dr | Property Details | No Agent List