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$785,000

NAL Estimated Property Value

5410 Spellman Rd, Houston, TX, 77096

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.19 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size15,298 sqft

Building Information

Year Built1960
Garage Spaces1

Land Information

APN0860060000010
Lot Number10
SubdivisionWestbury
Land UseResidential
Legal DescriptionLT 10 BLK 48 WESTBURY SEC 3
Census Tract422000
Assessed Land Value$264,938
Assessed Improvement Value$395,453
Assessment Year2025

About this property

Fully remodeled in 2022, this 2-story home offers 5 bedrooms and 3 full baths with quality updates throughout. The fifth bedroom was added by converting attic space, which also includes an air-conditioned, roughed-in storage closet and a lift from the garage for easy gear transport. A laundry chute from the second floor adds convenience. The home is wired for a generator that can power A/C units, refrigerators, and freezers, and the garage includes a 220-volt outlet for a welder or EV. In 2024, the driveway was extended with stamped concrete and a new electric gate installed. Enjoy a fully fenced backyard with a covered patio—perfect for relaxing or entertaining. Located within walking distance of Willow Waterhole and Parker Elementary, in a quiet, low-traffic neighborhood with lots of kids. Everything inside and out has been replaced or added since 2022. Don’t miss the opportunity to own this beautifully updated, move-in-ready home in a prime location!

Investor Tools

Property Icon
$785,000
Estimated Property Value
$676,652Estimated Mortgage Balance
$108,348Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,710 /month
Positive
Cash Flow Estimate:
$1,570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,263/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,230
$660,391
2025
$264,938
$395,453
$660,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,230
$660,391

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Truist Bank
Conventional
$687,735
No
First
Jun 25, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$676,652
$98,348
12%
86%
$4,124/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$4,509/mo
$-2,283/mo
3.4%

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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5410 Spellman Rd | Property Details | No Agent List