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$380,000

401 Spencer Lane, Tyler, TX, 75704

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,232 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.18 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal
FlooringCeramic Tile, Vinyl

Exterior

Lot Size9,932 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1-85705-0000-01-007000
Lot Number7
SubdivisionWellington Place
Land UseResidential
Legal DescriptionWELLINGTON PLACE LOT 7
Census Tract001606
Assessed Land Value$26,943
Assessed Improvement Value$349,606
Assessment Year2025

About this property

This wonderful property is located in the Wellington Place community on a corner lot. This attractive home offers 4 bedrooms with two full baths and a side entry garage. Once entering, you will find tall ceilings, tile flooring, and a spacious family room with a corner brick gas start fireplace. Pretty cabinetry adorns the kitchen with granite countertops, and breakfast bar; all overlooking the eating area with backyard views. The master suite has vinyl flooring, sitting area, tray ceiling, double vanities, separate shower, garden tub, large walk-in shower, and linen closet. The three additional bedrooms are spacious and enjoy a hall bathroom.

Investor Tools

Property Icon
$380,000
Estimated Property Value
$0Estimated Mortgage Balance
$116,107Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,493
$376,549
2025
$26,943
$349,606
$376,549
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,493
$376,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$290,638
No
First
Jul 12, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,893
$116,107
30%
69%
$1,743/mo

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.

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: Tyler

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401 Spencer Lane | Property Details | No Agent List