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$387,000

NAL Estimated Property Value

1940 Cypress Gate Dr, Leander, TX, 78641

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,822 Sq Ft
price_per_sqft$164.74 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Range, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Lot Size5,497 sqft

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APNR-17-W322-312G-0011
Lot Number11
Land UseResidential
Legal DescriptionS11794 - CRYSTAL SPRINGS PH 1, BLOCK G, LOT 11, ACRES 0.1262
Census Tract020319
Assessed Land Value$75,000
Assessed Improvement Value$305,577
Assessment Year2025

About this property

This charming craftsman-style home features park views off the second story balcony, an open kitchen/living/dining setup ideal for entertaining, and an easy-care yard with full sprinkler system. You're a quick walk from the community pool/splash pad as well as the restaurants and shopping in the front of the neighborhood, and Crystal Springs also backs up to Lakewood Park with kayak rental, fishing dock, dog park, and more!Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$387,000
Estimated Property Value
$304,321Estimated Mortgage Balance
$82,679Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,861
$380,577
2025
$75,000
$305,577
$380,577
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,861
$380,577

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$332,000
No
First
Dec 27, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,321
$76,256
20%
79%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$2,041/mo
+$459/mo
7.8%

City: Leander

1940 Cypress Gate Dr | Property Details | No Agent List