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$364,000

NAL Estimated Property Value

4729 Spellman Rd, Houston, TX, 77035

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,276 Sq Ft
price_per_sqft$153.78 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,797 sqft

Building Information

Year Built1957
Stories1
Garage Spaces3

Land Information

APN0891160000005
Lot Number5
SubdivisionPost Oak Manor
Land UseResidential
Legal DescriptionLT 5 BLK 16 POST OAK MANOR SEC 5 R/P
Census Tract420400
Assessed Land Value$183,713
Assessed Improvement Value$135,067
Assessment Year2025

About this property

This spacious one-story home is in the Post Oak and Willow Bend area. It has four bedrooms, two bathrooms, a formal living and dining area, and built-ins in a roomy den. The house has an Updated large kitchen with a Quartz countertops & a separate breakfast area. Improvements include Pella windows, updated bathrooms, a new water heater, new A/C & ducts 2019, a 2-year-old dishwasher, washer and dryer, custom bookshelves in the den, and lots of storage. The patio and carport are covered. The garage is finished and has a window unit. A large patio window with a sliding door brings the outside in. The house has low utility rates for this size home. Tech shield in the attic. It’s near the Willow Waterhole Greenspace Conservancy Park, which is excellent for walking, jogging, or riding your bike. It is in a prime location near the 610 Loop, just minutes from the NRG Stadium, Galleria, and Medical Center. Please take a virtual tour!!

Investor Tools

Property Icon
$364,000
Estimated Property Value
$333,438Estimated Mortgage Balance
$30,562Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$158/month
$20/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$80
$318,780
2025
$183,713
$135,067
$318,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$80
$318,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Fha
$343,660
Yes
First
Sep 16, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,438
$24,562
6%
92%
$2,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,081/mo
+$145/mo
7.3%

City: Houston