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$326,000

NAL Estimated Property Value

5939 Spellman Rd, Houston, TX, 77096

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,625 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.38 / 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
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN0880820000002
Lot Number1,2
SubdivisionWestbury
Land UseResidential
Legal DescriptionE 10 FT OF LT 1 & W 50 FT OF LT 2 BLK 161 WESTBURY SEC 5
Census Tract422403
Assessed Land Value$144,000
Assessed Improvement Value$106,619
Assessment Year2025

About this property

New roof 2023! AC 2022!! Charming 3 bedroom 2 bath well located charming home in desirable Westbury. Kitchen features granite countertops and is open to the breakfast room with large floor to ceiling bay windows that over looks the large patio and all is open to the family room. added bonus is the formal living room that can be used as a formal dining room, home office or playroom. The family room has cathedral ceilings and opens to the patio and large back yard. A wonderfully priced home in sought after Westbury

Investor Tools

Property Icon
$326,000
Estimated Property Value
$241,006Estimated Mortgage Balance
$84,994Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,193
$250,619
2025
$144,000
$106,619
$250,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,193
$250,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$255,036
Yes
First
May 25, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,006
$73,994
23%
74%
$1,530/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,890/mo
$-168/mo
6.3%

City: Houston

5939 Spellman Rd | Property Details | No Agent List