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$502,000

NAL Estimated Property Value

18718 Duke Lake Drive, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,358 Sq Ft
price_per_sqft$126.56 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,451 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN1257970020044
Lot Number44
SubdivisionLakes Of Cypress Forest
Land UseResidential
Legal DescriptionLT 44 BLK 2 LAKES OF CYPRESS FOREST SEC 1
Census Tract553401
Assessed Land Value$68,952
Assessed Improvement Value$391,090
Assessment Year2025

About this property

Beautiful 1.5 story Darling home in gated subdivision, Lakes of Cypress Forest! This 4 bedroom, 3.5 bath home is well maintained w/ extensive hardwoods, crown molding, plantation shutters & tons of storage. Open plan w/ Island kitchen, granite countertops, breakfast bar, gas cooktop & SS appliances. Breakfast room, formal dining, study & family room w/ fireplace. Large Gameroom up with 1/2 bath. All bedrooms down. Enormous primary bedroom w/ his & her vanities, tub & separate shower. Oversized 2.5 car garage. Sparkling pool in the back w/ covered patio & low maintenance yard. Full house generator! Original owners & never flooded! This is a must see!

Investor Tools

Property Icon
$502,000
Estimated Property Value
$297,675Estimated Mortgage Balance
$204,325Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$931/month
$1,440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,658
$460,042
2025
$68,952
$391,090
$460,042
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,658
$460,042

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$330,400
No
First
Mar 9, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,675
$204,325
40%
59%
$1,981/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,460/mo
$3,421/mo
$-961/mo
5.9%

City: Spring

18718 Duke Lake Drive | Property Details | No Agent List