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$2,129,000

NAL Estimated Property Value

5715 & 5721 Spindle Drive, Houston, TX, 77086

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.30 acres

Land Information

APN0642470070043
Lot Number13,14
SubdivisionRecreation Farms
Land UseResidential
Legal DescriptionE 2/3 OF LT 13 & W 2/3 OF LT 14 BLK 7 RECREATION FARMS SEC 2
Census Tract534001
Assessed Land Value$508,158
Assessment Year2025

About this property

Prime heavy-industrial developed lot ready for immediate use. This property features over 6 inches of stabilized ground, ideal for heavy-haul trucking, equipment storage, and industrial operations. The extra-wide entrance allows easy access for oversized trucks and trailers. Included on-site is a 2,000 sq. ft. office building with two restrooms, perfect for administrative use or dispatch operations. The property also offers a warehouse/shop area, a truckport providing additional shaded parking, and upgraded commercial-grade exterior lighting for enhanced visibility and security. A rare turnkey opportunity for logistics, trucking, construction, and warehouse users seeking a strategically developed site with strong infrastructure and excellent functionality.

Investor Tools

Property Icon
$2,129,000
Estimated Property Value
$566,718Estimated Mortgage Balance
$1,562,282Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,774 /month
Positive
Cash Flow Estimate:
$4,258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,785
$508,158
2025
$508,158
N/A
$508,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,785
$508,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of America
Conventional
$576,000
No
First
Jun 30, 2025
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$566,718
$1,562,282
73%
27%
$3,454/mo

Learn About the Market: Opportunity in Houston

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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.

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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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5715 & 5721 Spindle Drive | Property Details | No Agent List