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$290,303

17802 Cypress Spring Dr, TX, 77388

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.7 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size12,402 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1045060000005
Lot Number5
SubdivisionCypresswood
Land UseResidential
Legal DescriptionLT 5 BLK 15 CYPRESSWOOD SEC 2
Census Tract553500
Assessed Land Value$66,640
Assessed Improvement Value$223,663
Assessment Year2025

About this property

Nestled in the established Cypresswood neighborhood, this beautifully updated 4-bedroom, 2.5-bath home boasts a light and bright floor plan. The kitchen features granite countertops, subway tile backsplash, and modern light fixtures. Updated sinks and faucets complement the durable vinyl plank flooring throughout the downstairs. Recent updates include new carpet and fresh paint as of June 2024. Upstairs, the primary bedroom offers spacious accommodations, complete with French doors that open to a private balcony overlooking the backyard and Greenbelt. Located within the highly regarded Klein ISD, this home provides easy access to freeways, park and ride facilities, and IAH airport.

Investor Tools

Property Icon
$290,303
Estimated Property Value
$217,425Estimated Mortgage Balance
$78,348Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,742 /month
Positive
Cash Flow Estimate:
$581 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,941
$290,303
2025
$66,640
$223,663
$290,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,941
$290,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Conventional
$217,425
No
First
Dec 11, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,955
$78,348
26%
73%
$1,304/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$1,884/mo
+$1,296/mo
13.1%

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: Spring

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17802 Cypress Spring Dr | Property Details | No Agent List