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$173,000

NAL Estimated Property Value

1100 Cypress Creek Dr, Mt Vernon, TX, 75457

$224,900 ARVInfo
SoldInfo
7/28/26
Beds1 Beds
Baths2 Bath
Baths900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.89 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

ARV FlipHigh Equity

About this property

Charming cottage in the gated community of Tall Tree on beautiful Lake Cypress Springs, just two hours from Dallas and perfect for a weekend getaway or full-time retreat. Situated on a cleared double lot of over one acre, the property is only a short walk to the neighborhood fishing pier and boat ramp. This inviting home offers great curb appeal stone skirting, and a spacious front porch—ideal for relaxing and enjoying the peaceful East Texas setting. The enclosed back porch living area offers excellent potential and could easily be finished out to create a downstairs primary suite or bunkroom. Surrounded by towering trees and fresh country air, the property provides a tranquil setting with plenty of space to enjoy the outdoors. A carport offers additional space for a golf cart to easily explore the neighborhood and nearby lake access. Residents enjoy all the amenities Tall Tree has to offer, including a boat ramp, fishing pier, swimming pool, tennis courts, and clubhouse. After a day on the water, enjoy dining or a cocktail at The Cove at Cypress Springs just minutes away. A wonderful opportunity to enjoy affordable lake living in one of East Texas’ most desirable lake communities, where comfort, convenience, and natural beauty come together.

Investor Tools

Property Icon
$173,000
Estimated Property Value
$69,144Estimated Mortgage Balance
$104,341Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$224,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$106/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$412
$166,280
2025
$23,500
$187,020
$210,520
No

Tax History

Year
Tax Paid
Assessed Value
2025
$412
$166,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Choice Loan Services Inc
Conventional
$82,000
No
First
Jul 23, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,144
$108,856
61%
40%
$492/mo

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: Mt Vernon

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1100 Cypress Creek Dr | Property Details | No Agent List