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$349,000

22514 Cutter Mill Dr, Spring, TX, 77389

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,075 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.45 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,220 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1359040030012
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 3 SAWMILL RANCH SEC 5
Census Tract555200
Assessed Land Value$60,224
Assessed Improvement Value$269,933
Assessment Year2025

About this property

Wonderfully updated single story home located in desirable Sawmill Ranch. Gorgeous curb appeal with brick and Texas stone exterior deep in the heart of the neighborhood. The well-designed floor plan features three bedrooms, study and a versatile flex room that could easily serve as a fourth bedroom. Spacious kitchen complete with an island, walk-in pantry, gas cooktop, and wood cabinetry. The primary suite features a cozy seating area, a bath with a soaking tub, a standalone shower, double sinks, a private water closet, and a generously sized walk-in closet. Additional features include: attached garage, granite, cabinetry, tile flooring, surround sound wiring, and a HomePro security system with cameras. The home is also energy efficient, with an insulated and decked attic space above the garage. Nice backyard with covered porch, sprinkler system and gutters with covers. Located near scenic neighborhood paths perfect for jogging, cycling, and walking...this home is an exceptional find.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$361,550Estimated Mortgage Balance
$0Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
$898/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,413
$330,157
2025
$60,224
$269,933
$330,157
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,413
$330,157

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Va
$361,550
Yes
First
Dec 16, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,455
$545
0%
101%
$2,168/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$3,066/mo
$-1,126/mo
6.7%

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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