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$285,000

NAL Estimated Property Value

5817 Spillane St, Nevada, TX, 75173

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,506 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.43 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater

Exterior

Lot Size15,002 sqft

Building Information

Year Built2006
Stories1

Land Information

APNR-1031-031-0020-1
Lot Number2
SubdivisionCopeville Original Donation (Gcn)
Land UseResidential
Legal DescriptionCOPEVILLE ORIGINAL DONATION (GCN), BLK 31, LOT 2
Census Tract031102
Assessed Land Value$67,509
Assessed Improvement Value$185,299
Assessment Year2025

About this property

Charming and spacious country home.  Features two large bedrooms with their own full bathrooms walk in showers and bathtubs  and walk in closets. Family room is spacious and opens up to the kitchen area great for entertaining.  Spacious dining room or can be used as an office area also. Just recently upgraded with new flooring, new kitchen cabinets, granite countertops and appliances. You will love all the privacy this home has to offer situated on a huge lot almost one acre two lots 2, and 7. You have room on this property to build almost anything you want. Convenient storage area. Desirable location close to amenities and only a short distance from Hwy 78, I 30 and 190. Just minutes from Lake Lavon and close to the DFW metroplex. Outstanding Community ISD.

Investor Tools

Property Icon
$285,000
Estimated Property Value
$0Estimated Mortgage Balance
$285,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,037 /month
Positive
Cash Flow Estimate:
$679 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,324
$252,808
2025
$67,509
$185,299
$252,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,324
$252,808

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$285,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
6.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Nevada

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5817 Spillane St | Property Details | No Agent List