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B+
NoAgentList RatingHow are grades calculated? Info

$335,000

5614 Spanish Oak Dr, Houston, TX, 77066

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,731 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.67 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size4,722 sqft

Building Information

Year Built1975
Garage Spaces2

Land Information

APN1057580000024
SubdivisionGreenwood Forest
Land UseResidential
Legal DescriptionTR 24A BLK 47 017*G6652900-007-047-024A GREENWOOD FOREST SEC 7
Census Tract551202
Assessed Land Value$47,790
Assessed Improvement Value$235,308
Assessment Year2025

About this property

Tucked beneath mature trees in Greenwood Forest, this 2-story home invites you in w/a layout that makes sense & feels even better. With 4 bedrooms plus a dedicated office, there’s room to spread out, gather, & truly live, including a flexible 4th bedroom that easily transforms into a game room or second living space. The heart of the home is where it all comes together, a kitchen that opens effortlessly to both the breakfast area & formal dining, keeping everything connected whether it’s a quiet morning or a full house. The adjoining family room w/fireplace sets the tone for cozy evenings, while the beautifully updated primary bath offers a daily retreat you’ll look forward to. Out back a covered patio & serene yard create the perfect backdrop for slow mornings, weekend hosting, or unwinding. All of this, just minutes from major highways for an easy commute, yet tucked into a neighborhood known for its charm & amenities, pool, clubhouse, tennis, volleyball, & a true sense of community.

Investor Tools

Property Icon
$335,000
Estimated Property Value
$299,460Estimated Mortgage Balance
$52,014Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
$606/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,033
$283,098
2025
$47,790
$235,308
$283,098
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,033
$283,098

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$299,460
No
First
May 31, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,986
$52,014
15%
84%
$1,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,450/mo
$2,402/mo
+$48/mo
8.8%

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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5614 Spanish Oak Dr | Property Details | No Agent List