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$232,373

NAL Estimated Property Value

2423 Cypresstree Dr, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,569 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.53 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl

Exterior

Lot Size7,937 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1070750000038
Lot Number38
SubdivisionTimber Lane
Land UseResidential
Legal DescriptionLT 38 BLK 12 TIMBER LANE SEC 5
Census Tract241201
Assessed Land Value$54,188
Assessed Improvement Value$178,185
Assessment Year2025

About this property

Welcome to your next home! This property has been beautifully upgraded inside and out. As you approach you will notice the freshly painted exterior, manicured landscaping and new roof (only 1 year old!). Once you step inside you will find the entire interior has been painted with bright neutral colors and flooring has been upgraded to LVP throughout most of the home. The kitchen has been refreshed featuring shaker style cabinet faces, brushed nickel hardware, new sink and faucet, new stainless steel appliances and gorgeous quartz countertops! The home offers 3 bedrooms, all with new carpet installed. Both bathrooms have been upgraded with new sinks and faucets, quartz countertops and frameless glass shower doors. Outback you will find a covered patio and sizable backyard space. Convenient location just minutes from the Hardy Toll Road, I-45 and IAH.

Investor Tools

Property Icon
$232,373
Estimated Property Value
$214,692Estimated Mortgage Balance
$17,681Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,394 /month
Positive
Cash Flow Estimate:
$465 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
$432/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,683
$232,373
2025
$54,188
$178,185
$232,373
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,683
$232,373

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$220,924
Yes
First
Oct 7, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,692
$17,681
7%
92%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,757/mo
+$193/mo
10.1%

City: Spring

2423 Cypresstree Dr | Property Details | No Agent List