Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days1Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$995,000

5627 Spindle Dr, Houston, TX, 77086

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths2,209 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$450.43 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFreestanding Oven, Microwave, Gas Range
FlooringConcrete, Tile

Exterior

Lot Size17,097 sqft

Building Information

Year Built1976
Stories1
Garage Spaces3

Land Information

APN0642470090030
SubdivisionRecreation Farms
Land UseResidential
Legal DescriptionTRS 1A & 1B BLK 9 017*R1736600-002-009-001B RECREATION FARMS SEC 2
Census Tract534001
Assessed Land Value$176,944
Assessed Improvement Value$127,339
Assessment Year2025

About this property

Unrestricted CORNER Lot with Endless Possibilities! Unlock the full potential of this unrestricted CORNER property, 3 bedroom and 2 flex rooms, office/study space, 3 bathrooms and lot more ideal for a wide range of uses including residential, or mixed-use development. Whether you're looking for your primary home, home office or pursue a multi-use investment, this location offers limitless opportunities to suit your vision. Perfect for homeowners, entrepreneurs, and investors alike, this rare find provides exceptional flexibility and visibility. Take advantage of the strategic location and versatile zoning to bring your project to life. Prime location minutes away from Hwy 249, Hwy 290, Beltway 8, easy access to Mayor Highways, shopping centers, commercial and residential on surrounding areas. LOW TAXES & NO HOA. (Please look at the photos for more descriptions).

Investor Tools

$0Estimated Mortgage Balance
$871,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

Interested in this property?

Lina Botero

Walzel Properties - Corporate Office

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$615/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,020
$304,283
2025
$176,944
$127,339
$304,283
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,020
$304,283

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wilmington Finance Inc
N/A
$26,980
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$871,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
1.8%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5627 Spindle Dr | Property Details | No Agent List