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$385,000

5001 Spruce St, Krum, TX, 76249

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,146 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.72 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Storage
Lot Size8,093 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR528599
Lot Number1
SubdivisionAspen Park Ph 1
Land UseResidential
Legal DescriptionASPEN PARK PH 1 BLK A LOT 1
Census Tract020405
Assessed Land Value$90,204
Assessed Improvement Value$286,804
Assessment Year2025

About this property

*Welcome Home* Beautiful CUSTOM home with UPGRADES GALORE!! Just wait until you tour this one! This is a 4 bedroom 2 bathroom home with a formal office. Two separate living areas and formal dining with a eat in kitchen! Exceptionally WELL maintained property with OPEN Floor plan with HANDSCRAPED hardwoods, Beautiful wood burning Fireplace, 18 in. TILE, Custom Designs and ART niches through out this ENERGY EFFICIENT HOME! The Owners have also added a 14x 14 slab with an attached Pergola! Great for relaxing in the mornings, evenings, or entertaining guests! Good size storage building in the back to store all your lawn equipment. Full sprinkler system around the yard! Located on a Large CORNER LOT! Located in a GREAT area close to shopping, dining, and entertainment!! Come out ASAP! This is a BEAUTY you don't want to miss!

Investor Tools

Property Icon
$385,000
Estimated Property Value
$395,000Estimated Mortgage Balance
$17,581Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,472
$377,008
2025
$90,204
$286,804
$377,008
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,472
$377,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$395,000
Yes
First
Aug 30, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,419
$17,581
4%
95%
$2,369/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,760/mo
$2,589/mo
+$171/mo
8.6%

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.

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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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5001 Spruce St | Property Details | No Agent List