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B+
NoAgentList RatingHow are grades calculated?Info
Days33Days on Market
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$487,500

$490,000

18743 Duke Lake Dr, Spring, TX, 77388

$521,251 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths3,793 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.53 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size8,773 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1257970040004
Lot Number4
SubdivisionLakes Of Cypress Forest
Land UseResidential
Legal DescriptionLT 4 BLK 4 LAKES OF CYPRESS FOREST SEC 1
Census Tract553401
Assessed Land Value$69,900
Assessed Improvement Value$387,314
Assessment Year2025

About this property

MOTIVATED SELLER! Nestled within the Lakes of Cypress Forest, this home blends privacy and natural beauty in the heart of Spring. Convenient access to Intercontinental Airport, The Woodlands, Exxon Campus, Beltway 8, 99 Grand Pkwy & Hardy Toll Rd. Residents enjoy stocked lakes, trails and wildlife. The neighborhood is thoughtfully designed for relaxation & recreation, featuring a community pool, splash pad and park areas. Inside, the home offers a spacious layout for everyday living. A formal dining, dedicated office, and primary suite all located downstairs as well as an enclosed patio that can be reversed back to an open patio. Upstairs are 3 large bedrooms w/walk-in closets and an equipped media room for movie buffs, another family room, and a built-in desk area with bookshelves. Cat-5 Ethernet to most rooms. The home features a 3-car garage w/work area and a backyard fountain. Never Flooded; Roof and A/C installed within last 5 years—adding value & peace of mind.

Investor Tools

$136,472Estimated Mortgage Balance
$358,528Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$521,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Melissa Duke

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
$1,742/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,417
$457,214
2025
$69,900
$387,314
$457,214
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,417
$457,214

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Purchase Money Mortgage
$280,000
No
First
Dec 19, 2006
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,472
$358,528
72%
28%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$1,742/mo
+$1,438/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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18743 Duke Lake Dr | Property Details | No Agent List