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$279,900

16631 Cypresswick Ln, Spring, TX, 77379

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,896 Sq Ft
price_per_sqft$147.63 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Range, Dishwasher

Exterior

Lot Size6,599 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1247180010035
Lot Number35
SubdivisionCypress Trace
Land UseResidential
Legal DescriptionLT 35 BLK 1 CYPRESS TRACE
Census Tract553601
Assessed Land Value$51,150
Assessed Improvement Value$245,956
Assessment Year2025

About this property

Beautifully maintained home located in the desirable Cypress Trace community. This immaculate 3-bedroom, 2-bath single-story residence offers 1,986 SF of thoughtfully designed living space on a 6,600 SF lot with no backyard neighbors for added privacy. The split floor plan features hardwood flooring, high ceilings, custom two-tone paint, upgraded lighting, and abundant natural light throughout. The spacious kitchen is equipped with granite countertops, upgraded solid wood cabinetry, new oven/ microwave and dishwasher(2025), breakfast bar, and generous counter space, seamlessly connecting to the breakfast and living areas. The HVAC was completely replaced in 2024. The oversized primary suite features a spa-like bath with dual vanities, garden tub, and separate shower. Additional highlights include solar-screened double-pane windows, irrigation system, covered patio, lush landscaping, and a beautifully maintained backyard retreat.

Investor Tools

$153,902Estimated Mortgage Balance
$143,204Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,783 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

Bryan Beene

Keller Williams Realty Metropolitan

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,060
$297,106
2025
$51,150
$245,956
$297,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,060
$297,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$169,500
No
First
Sep 23, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,902
$143,204
48%
52%
$1,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,467/mo
+$533/mo
8.1%

City: Spring

16631 Cypresswick Ln | Property Details | No Agent List