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$297,000

9735 Spruce Ridge, Converse, TX, 78109

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,799 Sq Ft
price_per_sqft$166.2 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesCooktop, Range
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8,880 sqft

Building Information

Year Built1983
Stories1
Roof Type109
Garage Spaces1

Land Information

APN05052-701-0510
Lot Number51
SubdivisionMiller's Point
Land UseResidential
Legal DescriptionCB 5052G BLK 1 LOT 51
Census Tract121501
Assessed Land Value$66,780
Assessed Improvement Value$189,720
Assessment Year2025

About this property

Don't miss this reasonably priced, updated single-story on a corner lot in Converse with 4 bedrooms plus office. Enter into an open living/dining with stunning rock fireplace, spacious contemporary kitchen and pantry. Off the living room and through the office, the large primary suite includes private bath, walk-in closet, and sunroom access. This split floor plan has three large additional bedrooms on the opposite side of the house from the owner's suite. The home has tons of extras! Fully functional solar panel array transfers at sale which means savings on utility costs - see utility bills in listing documents. There are multiple living areas outside including a large screened deck, a beautifully maintained above-ground swimming pool, and a storage shed/workshop with power and air conditioning for your hobby room, man-cave or she-shed. Close to Randolph AFB, Fort Sam Houston, highways, and shopping.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,370
$256,500
2025
$66,780
$189,720
$256,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,370
$256,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ruoff Mortgage Company Inc
Stand Alone First / Home Equity First Lien
$299,475
No
First
Sep 10, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$591,966
N/A
0%
199%
$3,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$3,592/mo
$-1,172/mo
9.8%

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: Converse

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