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$349,900

5003 Spruce St, Krum, TX, 76249

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.77 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,200 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR528600
Lot Number2
SubdivisionAspen Park Ph 1
Land UseResidential
Legal DescriptionASPEN PARK PH 1 BLK A LOT 2
Census Tract020405
Assessed Land Value$82,800
Assessed Improvement Value$288,767
Assessment Year2025

About this property

Welcome to this spacious single-story home in Krum’s Aspen Park! Offering 4 bedrooms, 2 full baths, a dedicated office, and a versatile bonus room, this thoughtfully designed floor plan provides plenty of flexibility for everyday living. The open-concept kitchen features granite countertops, a large island, breakfast bar, pantry, and abundant cabinetry, all flowing seamlessly into the dining and living areas. A wood-burning fireplace creates a warm and inviting focal point in the living room. The private primary suite includes an ensuite bath with a garden tub, separate shower, and walk-in closet. Outside, enjoy a landscaped yard with a sprinkler system, wood privacy fence, and covered patio. Additional highlights include decorative lighting, wood flooring, rain gutters, and an attached two-car garage. Conveniently located in Krum ISD with easy access to schools, shopping, and major roadways.

Investor Tools

Property Icon
$371,567
Estimated Property Value
$205,785Estimated Mortgage Balance
$177,437Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,229 /month
Positive
Cash Flow Estimate:
$743 /month

Interested in this property?

Chrissy Mallouf

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,907
$371,567
2025
$82,800
$288,767
$371,567
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,907
$371,567

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$205,785
No
First
Jun 5, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,130
$179,870
48%
52%
$1,234/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,760/mo
$1,534/mo
+$1,226/mo
8.9%

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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5003 Spruce St | Property Details | No Agent List