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$373,000

4407 Spellman Rd, Houston, TX, 77035

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,686 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.8 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Dishwasher
FlooringStone, Wood

Exterior

Lot Size7,004 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0871890000007
Lot Number7
SubdivisionPost Oak Manor
Land UseResidential
Legal DescriptionLT 7 BLK 11 POST OAK MANOR SEC 4
Census Tract420400
Assessed Land Value$173,825
Assessed Improvement Value$121,847
Assessment Year2025

About this property

Lovely mid-century ranch style home in the sought after hidden gem community of Post Oak Manor. Upon entering, discover an open concept layout showcasing formal living & formal dining space. The kitchen boasts endless cabinet storage, GE-SS appliances, upgraded double-oven & gas cooktop, white shaker-style cabinetry, & opens to the living & dining area. The living area is open & bright featuring French doors leading out to the great backyard. BONUS! Find a fabulous & rare second living w/ built-in shelving, tile flooring & beautiful white brick fireplace, perfect for a game/media room. Come tour today! The primary suite is generously sized & includes an en suite bath, while 2 other well-proportioned bedrooms share a full bath. Outside, the ample fully fenced backyard features a concrete patio & added pergola space, ideal for hosting gatherings. The Willow Meadows community offers a range of amenities, including a pool, playground, sand volleyball, basketball, & tennis courts.

Investor Tools

Property Icon
$373,000
Estimated Property Value
$308,750Estimated Mortgage Balance
$77,771Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,053
$295,672
2025
$173,825
$121,847
$295,672
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,053
$295,672

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Resicentral Llc
Conventional
$308,750
No
First
Dec 15, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,229
$56,771
16%
79%
$1,852/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,852/mo
+$374/mo
7.2%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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4407 Spellman Rd | Property Details | No Agent List