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$315,000

706 Spring Creek St, Keene, TX, 76031

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,775 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.46 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Vented Exhaust Fan

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1990
Garage Spaces2

Land Information

APN126.3557.00030
Lot Number3
Land UseResidential
Legal DescriptionLOT 3 BLK 1 SPRING CREEK EST
Census Tract130304
Assessed Land Value$40,000
Assessed Improvement Value$206,572
Assessment Year2025

About this property

PRICE REDUCED! Welcome to 706 Spring Creek Road in Keene, TX! This beautifully updated 3-bedroom, 2-bath home, complete with an office, offers modern comfort and functionality on a large lot in a quiet, desirable neighborhood. The open floor plan features custom cabinets, a cozy wood-burning fireplace, and newly replaced air conditioning and heating systems for year-round comfort. The master bedroom boasts tray ceilings and expansive bathroom with double closets, jet tub and shower. The oversized garage is perfect for your Texas-sized truck, providing plenty of space for parking and storage. Outside, enjoy the tranquility of the covered back porch overlooking a private, fenced yard with serene views of a pond and trees—no neighbors behind! A storage shed adds extra convenience. Enjoy a small town with easy access to Fort Worth or Dallas. Zoned for Joshua ISD. Close to the park and Southwestern Adventist University. This home is the perfect blend of modern living and peaceful surroundings. Don’t miss your chance to claim this gem!

Investor Tools

Property Icon
$306,000
Estimated Property Value
$227,500Estimated Mortgage Balance
$83,533Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,431
$246,572
2025
$40,000
$206,572
$246,572
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,431
$246,572

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$227,500
No
First
Feb 10, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,467
$83,533
27%
73%
$1,364/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,364/mo
+$563/mo
7.6%

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: Keene

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706 Spring Creek St | Property Details | No Agent List