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Owner Contacts

$243,000

NAL Estimated Property Value

9318 Spindlewood Dr, Houston, TX, 77083

Off Market

4 Beds

3 Bath

1,951 Sq Ft

$125.58 / sqft

Built in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator

FlooringConcrete, Laminate

Exterior

Lot Size5,943 sqft

Building Information

Year Built1985

Stories2

Roof Type105

Garage Spaces2

Land Information

APN4240-03-002-0200-907

Lot Number20

SubdivisionKeegans Wood Sec 3

Land UseResidential

Legal DescriptionKEEGANS WOOD SEC 3, BLOCK 2, LOT 20 N 1/2

Census Tract672402

Assessed Land Value$31,395

Assessed Improvement Value$200,811

Assessment Year2025

About this property

Welcome to 9318 Spindlewood Dr, where comfort meets thoughtful updates. This 4-bedroom, 2.5 bath home offers a great opportunity for buyers or investors looking to add value. The majority of the home has been beautifully remodeled, featuring refreshed finishes and a modern feel throughout. The spacious primary bedroom and bathroom provide a private retreat with a well-designed layout, offering the perfect potential for improvements and your personal touch. While some repairs are still needed, this is reflected in the price, making it a smart buy with room to make it your own. Schedule your showing today and come see all this property has to offer!

Investor Tools

$243,000

Estimated Property Value

$58,487Estimated Mortgage Balance

$184,513Estimated Equity

75% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,470 /month

Positive

Cash Flow Estimate:

$490 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$263/month

$280/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,944

$232,206

2025

$31,395

$200,811

$232,206

Tax History

Year

Tax Paid

Assessed Value

2025

$1,944

$232,206

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

New Century Mortgage Corp

Stand Alone First / Home Equity First Lien

$92,000

First

Jul 26, 2006

Aug 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$58,487

$184,513

75%

24%

$728/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,008/mo

+$714/mo

8.5%

Learn About the Market: Opportunity in Houston

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