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$390,000

NAL Estimated Property Value

3659 Blue Lake Dr, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,624 Sq Ft
price_per_sqft$120.05 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher, Water Purifier

Exterior

Private PoolPrivate Pool
Lot Size9,753 sqft

Building Information

Year Built1988
Stories2
Garage Spaces2

Land Information

APN1143040480001
Lot Number1
SubdivisionCypresswood
Land UseResidential
Legal DescriptionLT 1 BLK 48 CYPRESSWOOD SEC 11
Census Tract553404
Assessed Land Value$61,882
Assessed Improvement Value$262,774
Assessment Year2025

About this property

Immaculate 4 bedroom located on a PREMIUM corner lot with a detached garage.  Pride of ownership shows with beautiful engineered hardwood floors, custom paint, large island kitchen, double oven,  abundant cabinet space, updated upstairs shower and tub, luxurious master retreat with his and hers closets, custom landscaping and tons of storage.  This home is LOADED with UPDATES! High Efficiency  20 Seer A/C (2017),  Ductwork & vents replaced (2017),  Radiant Barrier (2015),  Tankless water heater (2018), Roof (2015),  Extra insulation (2015), Solar fans in attic (2015), Water softener & RO system (2017) Gutters replaced (2015), Media filter on each furnace (2017), floored walk in attic, Nexia remote thermostat (2017).  Backyard oasis features a 20,000 gallon Pebble Tec pool and spa with heater and chiller. Low taxes and NO flooding!

Investor Tools

Property Icon
$390,000
Estimated Property Value
$252,536Estimated Mortgage Balance
$137,464Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
$515/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,823
$324,656
2025
$61,882
$262,774
$324,656
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,823
$324,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Northpointe Bank
Conventional
$283,100
No
First
Oct 30, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,536
$131,464
34%
65%
$1,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$2,213/mo
+$967/mo
9.8%

City: Spring

3659 Blue Lake Dr | Property Details | No Agent List