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Owner Contacts

$272,000

NAL Estimated Property Value

141 Cypress Dr, Richwood, TX, 77531

Off Market

3 Beds

2 Bath

1,683 Sq Ft

Single Family Residence

$163.4 / sqft

Built in 1963

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Electric

Cooling

AppliancesDisposal, Microwave, Dishwasher

Exterior

Private Pool

Lot Size1.55 acres

Building Information

Year Built1963

Stories1

Roof Type105

Garage Spaces4

Land Information

APN7255-0077-000

Lot Number53

SubdivisionRichwood

Land UseResidential

Legal DescriptionRICHWOOD (A0066 J E GROCE) (RICHWOOD) LOT 53 ACRES 1.55

Census Tract663700

Assessed Land Value$76,530

Assessed Improvement Value$182,600

Assessment Year2025

About this property

Welcome to Your Private Wooded Retreat at 141 Cypress Dr! Tucked away on 1.55 peaceful acres in Richwood, this 3-bedroom, 2-bath home offers the perfect blend of comfort, space, and serenity. Surrounded by mature trees and nature’s beauty, you’ll love the sense of privacy while still being just minutes from town. Step inside to discover a warm and inviting layout with an open living area and a thoughtful bonus: an office space built right into the primary suite, perfect for working from home or quiet reflection. Out back, entertain with ease or simply unwind on the spacious covered porch overlooking your very own in-ground pool with a recently added pool pump—an ideal setup for Texas summers! There’s also a 3-car garage, giving you ample space for vehicles, storage, or hobbies. This home has also NEVER FLOODED! This home is built on a block-and-beam foundation and offers a comfortable wooded lifestyle with room to spread out. Home recently leveled in 2024.

Investor Tools

$272,000

Estimated Property Value

$520,746Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,650 /month

Positive

Cash Flow Estimate:

$550 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$380/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,196

$240,911

2025

$76,530

$182,600

$259,130

Tax History

Year

Tax Paid

Assessed Value

2024

$3,196

$240,911

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Alliance Bank

Conventional

$263,840

First

Aug 29, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$520,746

N/A

191%

$3,164/mo

Learn About the Market: Opportunity in Texas

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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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