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$365,000

6315 Spruce Forest Dr, Houston, TX, 77092

Off Market

3 Beds

2 Bath

2,017 Sq Ft

Single Family Residence

$148.74 / sqft

Built in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher

FlooringLaminate, Tile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1969

Stories1

Garage Spaces2

Land Information

APN0983180000430

Lot Number430

SubdivisionForest West

Land UseResidential

Legal DescriptionLT 430 BLK 12 FOREST WEST SEC 2

Census Tract532101

Assessed Land Value$121,176

Assessed Improvement Value$182,124

Assessment Year2025

About this property

WONDERFUL HOME IN OAK FOREST WEST looking for the next family to call it HOME. Adorable and updated 3 bedroom/2 bathroom home with a great backyard with a covered patio and large deck great for entertaining. The home has a nice open floor plan that flows well. Large formal dining room, a formal living room with a brick fireplace and a family room as well. The kitchen is white and bright with stainless steel appliances, slate countertops and large island with an electric cooktop on it. The master bedroom has crown molding with an updated master bathroom which includes a single vanity and walk-in shower. Secondary bedrooms are great sizes and lots of closet space. Laundry room has shelves and cabinets and room for a freezer. The garage floor has epoxy coating. This home has been renovated from 2018-2020. New Electrical panel in 2018, Gutters in 2018, HVAC 2018, and New windows in 2020. This home is a must see to appreciate everything it has to offer!

Investor Tools

$365,000

Estimated Property Value

$228,000Estimated Mortgage Balance

$151,783Estimated Equity

38% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,190 /month

Positive

Cash Flow Estimate:

$730 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$475/month

$196/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,872

$303,300

2025

$121,176

$182,124

$303,300

Tax History

Year

Tax Paid

Assessed Value

2024

$3,872

$303,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Imperial Mortgage Inc

Conventional

$228,000

First

Nov 18, 2022

Dec 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$213,217

$150,783

41%

58%

$1,367/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,563/mo

+$159/mo

5.7%

Learn About the Market: Opportunity in Houston

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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.

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