$400,405
NAL Estimated Property Value601 Spencer Ln, Tyler, TX, 75704
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave
Exterior
Lot Size8,930 sqft
Building Information
Year Built2011
Stories1
Roof Type105
Garage Spaces2
Land Information
APN1-85705-0000-01-044000
Lot Number44
SubdivisionWellington Place
Land UseResidential
Legal DescriptionWELLINGTON PLACE LOT 44
Census Tract001606
Assessed Land Value$24,366
Assessed Improvement Value$376,039
Assessment Year2025
About this property
Beautiful home in Wellington Place. Open floor plan with 3 bedrooms, 2 full baths, 1 half bath, formal dining, utility room. Gas fireplace in living room. Crown molding, ceiling fans, recessed lighting, alarm system, stainless steel appliances, and gas stove. The split floor plan has a Master Suite featuring separate walk-in closets, large tub and separate shower. Beautiful granite countertops in kitchen. Separate dining room or flex space. There is a large shed in the backyard with electric that would make a perfect she shed or man cave.
Investor Tools
$400,405
Estimated Property Value
$148,457Estimated Mortgage Balance
$251,948Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,402 /month
Positive
Cash Flow Estimate:
$801 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,863
$400,405
2025
$24,366
$376,039
$400,405
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,863
$400,405
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Major Mortgage
Unknown
$189,994
No
First
Feb 16, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,457
$251,948
62%
37%
$1,140/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$1,290/mo
+$170/mo
4.4%
