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$480,000

NAL Estimated Property Value

6015 Spanish Oak Way, Spring, TX, 77379

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,916 Sq Ft
price_per_sqft$45.97 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

AuctionARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,640 sqft

Building Information

Year Built1985
Garage Spaces4

Land Information

APN1158850010069
Lot Number69
SubdivisionSpring Creek Oaks Ph 2
Land UseResidential
Legal DescriptionLT 69 BLK 1 SPRING CREEK OAKS PH 2
Census Tract553801
Assessed Land Value$63,447
Assessed Improvement Value$380,184
Assessment Year2025

About this property

Selling via auction. DO NOT APPROACH HOME OR DISTURB THE OWNERS. This property is part of an online bidding event; please see Auction. com to place bids. The list price is the starting bid and does not reflect the reserve amount. Updated 5-bedroom home in desirable Spring Creek Oaks! Spacious floor plan offers a primary suite on the first floor plus an additional first-floor bedroom with a full bath—ideal for multi-generational living, guests, or a second private home office. A grand two-story entry welcomes you with a dramatic split staircase, hardwood and tile flooring throughout the main living areas, a striking double-sided fireplace, rich wood paneling, stylish updated lighting, and a beautifully renovated kitchen. Upstairs features generously sized secondary bedrooms, a vaulted game room, custom built-ins, and a charming reading nook overlooking the foyer. Outside, enjoy an extra-long driveway, porte cochère, paver-style patio, and an easy-to-maintain backyard.

Investor Tools

Property Icon
$480,000
Estimated Property Value
$239,069Estimated Mortgage Balance
$240,931Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$234,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,123
$443,631
2025
$63,447
$380,184
$443,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,123
$443,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Conventional
$266,400
No
First
Mar 23, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,069
$240,931
50%
50%
$1,598/mo

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: Spring

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6015 Spanish Oak Way | Property Details | No Agent List