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$485,000

NAL Estimated Property Value

20423 Forest Dr, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,744 Sq Ft
price_per_sqft$127.94 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

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, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size12,741 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1181440060014
Lot Number14
SubdivisionCypresswood Glen
Land UseResidential
Legal DescriptionLT 14 BLK 6 CYPRESSWOOD GLEN SEC 2
Census Tract553403
Assessed Land Value$63,396
Assessed Improvement Value$401,704
Assessment Year2025

About this property

This beautiful home is located in the established neighborhood of Cypresswood Glen, on a quiet cul-de-sac, surrounded by mature oak trees. This home is situated on an oversized lot and features a 3 car garage, spacious backyard, complete with a deck and pergola and French drains. Once inside, you'll notice the study has built-ins and glass doors for privacy. The family room flows seamlessly into the spacious kitchen. The kitchen has ample cabinet and counter space, a butler's pantry, an island and a bay window. The primary bedroom is large with extra space for seating. The primary bath features a jetted tub, two closets, separate shower and a water closet. Upstairs you will find an additional three bedrooms and two more bathrooms. Each bedroom has a large closet. The gameroom and media room are quite spacious and have a large closet to store toys and games. This home has a great location and is convenient to shopping, schools and major thoroughfares.

Investor Tools

Property Icon
$485,000
Estimated Property Value
$0Estimated Mortgage Balance
$485,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,106
$465,100
2025
$63,396
$401,704
$465,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,106
$465,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$485,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$750/mo
+$2,430/mo
7.9%

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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20423 Forest Dr | Property Details | No Agent List