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$320,000

5015 Spruce St, Krum, TX, 76249

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,251 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.58 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile

Exterior

Lot Size8,176 sqft

Building Information

Year Built2011
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR528606
Lot Number8
SubdivisionAspen Park Ph 1
Land UseResidential
Legal DescriptionASPEN PARK PH 1 BLK A LOT 8
Census Tract020405
Assessed Land Value$90,352
Assessed Improvement Value$193,648
Assessment Year2025

About this property

Move-in ready 1 story situated on corner lot in desirable neighborhood in Krum! Ideal open floorplan with many upgrades! Gorgeous wood-like vinyl plank floors in all main areas, hallways & bedrooms! Bright kitchen features stone accents & backsplash, stainless steel appliances & pantry, all overlooking the spacious living room with wall of windows providing tons of natural light. Split primary suite offers soaring ceilings, private bath & walk-in closet. Enjoy relaxing moments on the huge partially covered patio with a flatscreen mount ready for your tv. Large, fenced backyard has lots of room for play. Perfect location near amenities while still having a peaceful, country setting. Local Landlord that is highly responsive- no 3rd party management company to deal with or extra hidden fees!

Investor Tools

Property Icon
$320,000
Estimated Property Value
$236,250Estimated Mortgage Balance
$100,246Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,723
$284,000
2025
$90,352
$193,648
$284,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,723
$284,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$236,250
No
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,754
$100,246
31%
69%
$1,417/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,637/mo
+$483/mo
8.0%

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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