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$571,000

NAL Estimated Property Value

5318 Spartan Dr, Houston, TX, 77041

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,582 Sq Ft
price_per_sqft$111.64 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size9,487 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1172850020005
Lot Number5
SubdivisionTwin Lakes
Land UseResidential
Legal DescriptionLT 5 BLK 2 TWIN LAKES SEC 2
Census Tract540700
Assessed Land Value$126,564
Assessed Improvement Value$407,353
Assessment Year2025

About this property

Exceptionally well maintained, move-in-ready home! This home is located in a fully manned and gated neighborhood with a park, lake, clubhouse, tennis courts, and a pool. Beautiful home with upgraded tile floor and soaring high ceiling foyer, formal living and dining room, and an updated eat-in kitchen with granite counters, and 42" cabinet. The spacious family room has a gas log fireplace and windows that overlook the large backyard with a patio, perfect for entertaining! First-floor primary bedroom with en-suite bathroom that has 2 separate sinks, vanity, garden tub, and walk-in shower. No carpet in the home! 4 additional generous-sized bedrooms, 2 full baths, and 2 game room areas upstairs. Situated in the quiet & popular community of Twin Lakes, don’t miss this amazing opportunity to make this house your HOME!

Investor Tools

Property Icon
$571,000
Estimated Property Value
$327,880Estimated Mortgage Balance
$243,120Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,426 /month
Positive
Cash Flow Estimate:
$1,142 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
$1,875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,252
$533,917
2025
$126,564
$407,353
$533,917
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,252
$533,917

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayfirst National Bank
Fha
$361,110
Yes
First
Jul 1, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,880
$262,120
44%
57%
$2,166/mo

Learn About the Market: Opportunity in Houston

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Explore

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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5318 Spartan Dr | Property Details | No Agent List