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$353,185

5838 Spruce Forest Dr, Houston, TX, 77092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,701 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.13 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,148 sqft

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN0965620000086
Lot Number86
SubdivisionForest West
Land UseResidential
Legal DescriptionLT 86 BLK 4 FOREST WEST SEC 1
Census Tract532101
Assessed Land Value$121,550
Assessed Improvement Value$231,635
Assessment Year2025

About this property

Fantastic home in sought after Houston location. Home was just updated in December, 2022 including: Exterior freshly painted. Fully equipped eat-in kitchen includes white cabinets, breakfast bar and generous counter space. Step inside this beautiful interior with neutral floors, plenty of natural light and neutral palette. The primary bedroom features plush carpet, a spacious closet and a private bathroom with dual sinks. Head to the backyard for the perfect private area to enjoy the outdoors. A must see!

Investor Tools

Property Icon
$353,185
Estimated Property Value
$269,800Estimated Mortgage Balance
$98,665Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,119 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$197/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,959
$353,185
2025
$121,550
$231,635
$353,185
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,959
$353,185

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$269,800
No
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,520
$98,665
27%
72%
$1,618/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,815/mo
$-93/mo
5.9%

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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