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$374,500

22622 Cutter Mill Drive, Spring, TX, 77389

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.78 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size6,708 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1359040050010
Lot Number10
Land UseResidential
Legal DescriptionLT 10 BLK 5 SAWMILL RANCH SEC 5
Census Tract555200
Assessed Land Value$60,708
Assessed Improvement Value$299,117
Assessment Year2025

About this property

Rare 1 story with office in Sawmill Ranch near Exxon Mobile & The Woodlands... Welcome to this beautifully designed home in Sawmill Ranch, where space, style, and function come together seamlessly. Step inside to soaring tray ceilings, rich wood flooring, and 8-ft doors that create an open, elevated feel throughout. The chef-inspired kitchen anchors the home with an oversized granite island, gas cooktop, walk-in pantry, and effortless flow into the spacious living area—ideal for everyday living and entertaining. The private primary retreat features a bay window sitting area, spa-like bath, dual sinks, and TWO walk-in closets. Secondary bedrooms are well-sized and thoughtfully positioned. Enjoy a covered patio and low-maintenance backyard designed for relaxing, not yard work. Ideally located near ExxonMobil, The Woodlands, Grand Parkway, shopping, and dining.

Investor Tools

$207,784Estimated Mortgage Balance
$177,216Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Diane Jacob

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
$990/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,477
$359,825
2025
$60,708
$299,117
$359,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,477
$359,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crystal Clear Mortgage Llc
Conventional
$232,000
No
First
Dec 29, 2020
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,784
$177,216
46%
54%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,300/mo
$2,381/mo
+$919/mo
10.3%

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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22622 Cutter Mill Drive | Property Details | No Agent List