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$496,000

NAL Estimated Property Value

6050 Spanish Oak Way, Spring, TX, 77379

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,059 Sq Ft
price_per_sqft$107.17 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size12,632 sqft

Building Information

Year Built1985
Garage Spaces3

Land Information

APN1158850030014
Lot Number14
SubdivisionSpring Creek Oaks Ph 2
Land UseResidential
Legal DescriptionLT 14 BLK 3 SPRING CREEK OAKS PH 2
Census Tract553801
Assessed Land Value$65,545
Assessed Improvement Value$394,102
Assessment Year2025

About this property

Exceptional opportunity to customize your home! A clean palate offers you the fortune to personalize this space to your liking. Upon entry into the house you will stride through the foyer into the living room accompanied by the fireplace and wet bar as well as a sunroom to the rear. You will also find a generous sized office with built-ins for working from home. The Kitchen has an island and lots of counter space with easy access to the dining room, perfect for hosting dinners. Expansive primary suite down and 3 bedrooms up. The game room offers lots of space for all your indoor activities and offers a kitchenette for additional entertainment. Outside bring your creativity to evolve this into your personal outdoor oasis. Lots of fun to be had in the pool and hot tub! Electric gated entry. Located in the renowned Klein ISD with an in-neighborhood elementary school. Spring Creek Oaks has 2 clubhouses-w/pools, bike/walking paths, parks, and lighted tennis courts. SOLD AS IS, WHERE IS.

Investor Tools

Property Icon
$496,000
Estimated Property Value
$355,573Estimated Mortgage Balance
$140,427Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,976 /month
Positive
Cash Flow Estimate:
$992 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$991/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,420
$459,647
2025
$65,545
$394,102
$459,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,420
$459,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Commercial
$362,500
No
First
Apr 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,573
$154,427
30%
72%
$2,174/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$3,165/mo
$-575/mo
6.3%

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.

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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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